Stock index futures pointed to a higher opening on Wall Street on Tuesday, bouncing back from recent weakness as investors braced for a flurry of corporate results, as well as for U.S.
Australia slashed rates and unveiled a $26 bln stimulus on Tuesday as authorities stepped up efforts to revive foundering economies. The government more than doubled its initial stimulus, bringing the total package
The Bank of Japan on Tuesday pledged to spend $11 billion to buy shares held by Japanese banks to ease the pain from the global financial crisis, reviving a scheme launched earlier
Bank of Cyprus Group profit after tax for 2008 increased by 4% to EUR506 mln compared to EUR485 mln in 2007, beating analyst expectations ranging from EUR 460 to 506 mln, but
The European Central Bank has made it very clear it will pause with cuts in interest rates on Thursday, focussing financial markets on signals of how low the bank can go and
Asian stocks rose on Tuesday, helped by a tech sector rally and new measures by Japan and Australia to support their economies, but sentiment remained negative amid concerns about plunging company earnings.
The cost of purging bad bank debts from the world financial system is rising and it looks increasingly likely taxpayers will have to foot a large portion of a bill that could
European shares pared losses on Monday after U.S. factory activity slowed less sharply in January with a key gauge of manufacturing improving for the first time since June, according to an industry
The Russian rouble hit fresh lows versus a euro-dollar basket on Monday, coming within half a percent of the trading boundary where a showdown is expected between speculators and the central bank.
Dallas Federal Reserve President Richard Fisher warned on Monday against "Buy America" provisions in a proposed fiscal stimulus law and said it could lead to devastating protectionism. "Protectionism is the crack cocaine
