Factory activity in Asia's main economies expanded last month, with India and South Korea growing at their fastest pace in around two years although China showed some signs of weakening. A pair
Spanish insurers will continue to suffer from the consequences of the recession and the restructuring of the domestic banking sector in 2010, Moody's Investors Service said in it’s a special comment on
The latest electricity tariff increases in South Africa will likely add to the liquidity pressures on the country's municipalities, as they purchase electricity from national utility Eskom and sell it on to
The fundamental credit outlook for the global shipping industry is stable, reflecting the fact that conditions are unlikely to deteriorate further in the sector, Moody's Investors Service said in a new Industry
The Hellenic Bank has announced a pre-tax profit for 2009 of 36.1 million euro, compared to 44.6 million in 2008. According to the Bank's preliminary financial results for 2009, the total net
American International Group Inc has decided not to use securitized U.S. life insurance policies to repay the U.S. government after a $182.3 billion rescue, a source familiar with the matter said on
American International Group Inc (AIG.N) reported an $8.9 billion net loss on Friday, hurt by charges related to asset divestments, an increase in commercial insurance loss reserves and an tax-related allowance. AIG,
U.S. stock index futures were slightly higher on Friday as investors looked ahead to a raft of data, including economic growth, homes sales and manufacturing after a disappointing week so far for
European shares rose on Friday at midday, with banking stocks taking the lead and commodity shares tracking higher crude and metal prices. By 1139 GMT, the pan-European FTSEurofirst 300 index of top
The euro rose while euro zone government bonds fell on Friday after Greece revealed higher-than-expected budget revenues, while expectations for solid corporate results pushed world stocks higher. The premium investors demand for
