Asian stocks surged for a second day on Tuesday, with Japan's Nikkei up a record 14 percent, as investors hoped plans from governments around the world to take stakes in banks will
British retail sales fell for a fourth straight month in September on a like-for-like basis as furniture stores recorded their worst performance in at least eight years, a survey showed on Tuesday.
The Nikkei average soared more than 14 percent on Tuesday, the biggest one-day gain in its 58-year history, after governments around the world pledged to support struggling banks and restore confidence in
An earthquake of 5.1 magnitude struck in the Aegean Sea north of the Greek island of Evia on Tuesday, but there were no immediate reports of casualties. The Athens Geodynamic Institute said
PORTFOLIO TRACKER Unless you happen to be an octogenarian, you are now enduring the worst global financial crisis in living memory, and one where the end appears to be moving further away
The credit crunch explained Everyone has something to say about the credit crunch but very few can explain simply what it’s all about and where to go next: this well-published economist does
Minister of Finance Charilaos Stavrakis briefed the House of Representatives Finance Committee on the international financial crisis, noting that Cyprus' banking system was the most stable in Europe, giving it a significant
Stocks soared on Monday as a global push by governments to pump cash into banks fueled a rebound in financial shares and credit markets showed some signs of loosening up. Governments, including
Germany, France and Britain announced massive financial rescues on Monday as governments across Europe stepped in to shield banks and restore confidence in the face of the worst financial crisis in nearly
U.S. economist Paul Krugman, a fierce critic of the Bush administration for policies that he argues led to the current financial crisis, won the 2008 Nobel prize for economics on Monday. The
