Japan pledged on Tuesday to do whatever it takes to drag its ailing economy out of recession as a rift emerged between the United States and Europe over whether governments have done
The total sales of petroleum products in January 2009 recorded a decrease of 10.1% compared to December 2008. A decrease was recorded in the sales of Unleaded Motor Gasoline, Gasoil Low Sulphur,
Unemployment in Cyprus continues to climb, albeit from a low base. The number of unemployed persons registered at the District Labour Offices reached 16,383 persons on the last day of February, which
Tourism arrivals tumbled by 19.3% in February as the UK marked dived. According to the latest figures from the Passengers Survey conducted by the Statistical Service arrivals of tourists reached 56,626 in
The fundamental credit outlook for the Spanish banking system remains negative, reflecting the continuing rapid deterioration in asset quality indicators and ongoing liquidity constraints, Moody's Investors Service said in a new Special
The yen fell broadly on Monday as more grim Japanese economic data intensified worries about the severity of the downturn facing the country, while equity market falls caused the euro to dip
Lloyds Banking Group said Britain's requirement for banks to hold enough capital to withstand a "severe" downturn was key to its decision to insure 260 billion pounds ($370 billion) of risky assets
World stocks sank towards 14-year lows in a broad-based sell off on Monday, dragged lower by economic gloom in Europe and Asia, where Japan recorded its largest current account deficit on record.
The European Union is set to back an International Monetary Fund call for $500 billion to fight the global financial crisis, a document showed on Monday as Japan posted its first current
American International Group Inc had warned of turmoil around the globe if the government allowed the insurer to fail when it appealed to U.S. regulators for its latest rescue, Bloomberg said citing
