By Steve Gorman (Reuters) The turmoil on Wall Street is aggravating tough economic times on Main Street as small businesses, accounting for half of U.S. private-sector goods and services, begin to feel
The world readied on Monday for a slew of bank bailouts worth hundreds of billions of dollars in an effort to staunch the credit rout that threatens to tip the global economy
Australian and South Korean shares bounced on Monday after policymakers around the world took increasingly bold steps to staunch the bleeding in financial markets, including guarantees on bank desposits and directly injecting
Japan's Mitsubishi UFJ Financial Group <8306.T> , which watched Morgan Stanley's <MS.N> share price plunge 58 percent last week, is amending its $9 billion deal to include only convertible preferred shares and
Rich nations rushed to shore up the global financial system after the International Monetary Fund warned of meltdown, with Australia and New Zealand guaranteeing bank deposits and newspapers reporting plans for Britain's
Major British banks are likely to announce their plans to recapitalize early on Monday, a person familiar with the matter said, a move which could see the government take multi-billion pound stakes
Finance leaders from the International Monetary Fund's 185 member countries on Saturday endorsed a plan by major economies to chart a course out of the credit crisis, hoping the broader support will
The EU-harmonised inflation rate in Cyprus rose by 5.0% in September, slightly down from the 5.1% recorded in August and the peak of 5.3% in July. A decrease compared with the previous
Building permits fell for the tenth straight month in Cyprus in July, as developers anticipated weaker demand. The number of building permits authorised by the municipal authorities and the district administration offices
Economist Intelligence Unit comments on concerted action by policymakers to restore confidence in the financial system. OVERVIEW The size and comprehensive nature of the UK government's rescue package for banks reflects a
