Nintendo is rolling out the next generation of its popular handheld gaming console in the United States on Sunday, pitching the product as more of an all-purpose social and entertainment device. Aside from game-playing functions, the dual-screen DSi features two cameras, a microphone and a host of tools that will allow users to create content
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U.S. stocks should rally further this week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start. Alcoa Inc (AA.N) will report results on Tuesday in the unofficial start of first-quarter company results. But given that the aluminum producer is expected to post
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Shares of HSBC jumped more than 4 percent on Monday to five-week highs after its massive rights issue received a robust response from investors. By 11:30 p.m. EDT, the stock was up 3.4 percent at HK$51.15, after earlier rising to HK$51.70 — its highest level since it announced the cash call on March 2. HSBC
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USA support the efforts for a solution in Cyprus, Secretary of State Hillary Clinton has assured Cyprus Foreign Minister Marcos Kyprianou during a half an hour meeting they hold yesterday in Prague, on the sidelines of the EU-USA Summit. Speaking after the meeting, Kyprianou said: “We talked mainly about the Cyprus problem. The USA expressed
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Australian job advertisements slid for the 11th straight month in March, a survey showed on Monday, painting a bleak outlook for unemployment and adding to the case for another cut in interest rates as early as this week. The prospects of an easing in monetary policy at the Reserve Bank of Australia's (RBA) meeting on
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The United Nations failed to agree on a response to North Korea's long-range rocket launch despite pressure from Washington and its allies for action, while regional powers weighed the extent of the new security threat. Analysts said Sunday's launch of the rocket, which flew over Japan before splashing down in the Pacific Ocean, was effectively
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Asian shares climbed to a six-month high on Monday, as hopes that the global economic downturn is nearing its bottom spur demand for riskier assets while hitting the yen and safe-haven government bonds. Economic recovery hopes lifted oil prices by almost $1 per barrel, while Japanese bonds fell, sending the benchmark 10-year yields to a
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Turkish Cypriots spent EUR 3.8 mln using credit and debit cards in the southern part of Cyprus during the first three months of the year, according to data from the credit card company JCC. In March alone, they spent EUR 1.2 mln. The most popular item was supermarkets (reaching EUR 916,417), followed by clothing (EUR
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Credit card spending fell in the first quarter of 2009 according to data from the credit card company JCC. Local plastic card use by Cyprus residents fell by 1% to EUR 458,968,214 (EUR 458 mln) in the first quarter, having risen by 16% for the whole of 2008. The fall was steeper in March, when
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Inflation in Cyprus crept up again in March, as food prices climbed. Having dipped to only 0.7% in February, the annual inflation rate rose to 1.1% in March. This was the first increase since July. However, the rate in March was considerably lower than the peak of July, when prices rose by 5.6% compared with
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