Asian stocks retreated from 13-month highs on Friday as a conflicting picture about the strength of U.S. economic recovery stopped investors from extending this week's rally but gave some respite to a
A measure of global stocks reached an 11-month high on Thursday as economic reports supported themes of recovery, pushing currency investors seeking riskier trades out of U.S. dollars. But U.S. shares edged
The White House formally sent to the U.S. Senate on Thursday President Barack Obama's nomination of Ben Bernanke to a second term as Federal Reserve chairman. Obama had announced on Aug. 25
Moody's Investors Service has downgraded the long-term foreign and local currency deposit ratings of Technikabank (TB) to B3 from B2. The outlook for the long-term deposit ratings and the bank financial strength
World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Wednesday, while France appeared to tone down its rhetoric on the
Expanding numbers of young Greeks unemployed By Ingrid Melander and Renee Maltezou ATHENS, Sept 17 (Reuters) – Growing youth unemployment in Greece will drive voters away from the conservatives on Oct. 4,
Cyprus’ trade balance recorded a deficit of 2,3 billion euro during the first semester of 2009. According to data from the Statistical Office of the European Communities (Eurostat), Cyprus’ trade balance during
New U.S. housing starts and permits rose in August to their highest level in nine months and the number of people filing of unemployment benefits fell last week, evidence a solid economic
U.S. President Barack Obama has told east European states he is backing away from plans for an anti-missile shield there, in a move that may ease Russian-U.S. ties but fuel fears of
U.S. President Barack Obama has told east European states he is backing away from plans for an anti-missile shield there, in a move that may ease Russian-U.S. ties but fuel fears of
