Asian stocks and the U.S. dollar rose sharply on Friday as U.S. policymakers met to design a broad plan to resolve a crisis that has reshaped the banking industry and threatened the
Governments on both sides of the Atlantic took radical steps to restore confidence in battered financial markets on Thursday, as the United States proposed a taxpayer-funded mopping up of toxic mortgage-related debt
The world's top central banks joined forces on Thursday to throw a multi-bln dollar lifeline to global markets in a dramatic effort to free up bank-to-bank lending, frozen by the upheavals on
Oil rose to $100 on Thursday as a move by global central banks to add liquidity to money markets rallied world stocks and the United States energy sector struggles to restart operations
The European Commission has decided to refer Cyprus to the European Court of Justice on broadband retail regulation and rights of way respectively. The Cypriot case involves a failure to properly apply
The European Commission has decided to pursue infringement procedures against Cyprus and another 11 Member States for failure to implement certain Internal Market Directives into national law. The Commission will refer Austria,
Greece's stock market will stay on watch for a possible downgrade to "advanced emerging" from its current "developed market" status, global index compiler FTSE said following an annual review of country classifications.
The world's top central banks joined forces on Thursday to throw a multi-billion dollar lifeline to global markets in a dramatic effort to free up bank-to-bank lending, frozen by the upheavals on
By Michael Stott (Reuters) Russia's worst financial market crisis since 1998 could strengthen further the Kremlin hawks who favour a strong state and oppose closer links with the West. Emboldened by military
Russia extended emergency state support available to financial markets to $130 billion on Thursday to help prop up sinking stocks and improve liquidity after the worst stockmarket losses in a decade. Share
