Dallas Federal Reserve President Richard Fisher said on Tuesday China would not do anything to harm U.S. interests such as dumping Treasuries, adding that solid capital returns support the dollar's attractiveness. Fisher,
World stocks rose toward a three-month high on Tuesday after strong earnings from Goldman Sachs, while jitters about other corporate earnings kept government bonds and the low-yielding yen on a firm footing.
Goldman Sachs' first-quarter profit beat forecasts, a further sign that the worst may be over for financial firms in the eye of the storm, but Singaporedevalued its currency after a record GDP
Japan's Nikkei stock average slipped 0.9 percent on Tuesday as worries over General Motors spurred investors to lock in profits on auto shares, while banks rose after better-than-expected results from U.S. peers.
The yen pared earlier losses and gained broadly on Tuesday, as investor appetite for risk was put on hold following a slide in stock prices. But analysts said the yen's respite could
Iranian presidential candidate Mirhossein Mousavi has ruled out suspending uranium enrichment but would work to verify Iran was not diverting its nuclear programme for weapons, the Financial Times reported on Tuesday. Prime
President Barack Obama is expected to tap Fannie Mae Chief Executive Herb Allison to head the U.S. government's $700 billion financial rescue program, The Wall Street Journal reported, citing people familiar with
A senior Greek official and two accomplices were found guilty on Monday of eliciting bribes, the first verdicts handed down in connection with several major scandals shaking the government. A court sentenced
“The forthcoming visit of the Greek Prime Minister in Nicosia will reaffirm Greece’s support and active assistance in restoring justice in Cyprus, which will continue unabated”, Greece’s Foreign Ministry spokesman George Koumoutsakos
Cyprus Airways announced that in summer they would fly to Dubai more frequently, namely three times a week. Cyprus Airways will connect Larnaca Airport with Dubai with direct flights every Tuesday, Thursday
