World stocks hit a fresh four-month high on Tuesday while government bonds steadied after signs of improvement in the U.S. housing sector and increasing optimism about banks triggered a rally on Wall
Britain's top share index rose 2.2 percent in early trade on Tuesday to touch a near four-month high, taking its cue from a rally in the U.S. markets with heavyweight commodity-related stocks
Asian stocks rose to fresh seven-month highs on Tuesday as optimistic comments from central bankers bolstered confidence that the worst of the global economic downturn may have passed, offsetting anxiety about U.S.
Switzerland's largest bank, UBS, confirmed a first-quarter net loss of 2 billion Swiss francs ($1.76 billion) on Tuesday on the back of yet more writedowns, as client withdrawals continued, and said it
Research in Motion Ltd's BlackBerry Curve moved past Apple Inc's iPhone in the first quarter to become the best-selling consumer smartphone in the U.S., research group NPD said on Monday. RIM, which
The European Commission (EC) anticipates that in view of the ongoing global crisis, economic growth in Cyprus is expected to slow significantly in 2009 but still remain in positive territory. Cyprus’ GDP
Research In Motion is planning a next-generation version of its touchscreen BlackBerry Storm smartphone as part of a continuing push into the retail market, its co-CEO said on Monday. "We see this
Standard & Poor's cut the ratings on 7 Greek banks and Cypriot banks due to the potential for more loan losses. S&P downgraded the rating of Marfin Popular Bank (MPB) and Marfin
SFS Group Public Company Ltd (SFS) announced that as part of its efforts to raise investment funds for participation in the Shipping sector, the Group has signed a joint venture agreement with
By Jason Subler and Zhou Xin Like prodigal sons, China's exporters are returning home to sell their products as global economic gloom takes a toll on their overseas orders. Yet exporters of
