The currency markets have not been a restful place over the past few months, and that was particularly true last week, note Barclays Wealth analysts. Foreign exchange trading has become very volatile,
U.S. Securities and Exchange Commission chairman Christopher Cox, responding to heavy criticism, said in an interview published on Wednesday he takes pride in his response to the U.S. financial crisis. "What we
A French executive who invested with accused swindler Bernard Madoff was found dead in an apparent suicide on Tuesday, reportedly distraught over losing up to $1.4 billion in client money. The death
Sales of U.S. existing homes fell by a record amount last month as the recession picked up pace, although a collapse in gasoline prices gave consumer sentiment a rare lift, data showed
The dollar fell against the yen on Wednesday as weak U.S. housing data signalled a prolonged recession for the world's top economy, while Asian stocks edged up, but without much conviction, ahead
– Bleak housing data showed the United States and Britain were sinking deeper into recession and authorities from Washington to Tokyo worked hard to spend their way out of the worst downturn
Cyprus government plans to increase its golf courses to 14 in a bid to enrich its tourist product, Cypriot Minister of Commerce, Industry and Tourism Antonis Paschalides said. Paschalides met with Cypriot
Governments should be ready to increase their spending on economic stimulus programmes if circumstances require it, the International Monetary Fund's chief economist Olivier Blanchard said in comments published on Tuesday. Here are
The U.S. economy shrank at a 0.5 percent annual pace in the third quarter as expected after consumers and businesses cut spending and the country's recession gathered steam, government data showed on
Subordinated bank debt, the riskier end of the debt spectrum, may take a further hit on worries banks will miss interest payments. Bayerische Landesbank looks set to become the first major bank
