World stocks hit 2-1/2 week highs on Monday and oil reached a six-week peak as investors became increasingly confident about the outlook for the U.S. economic recovery. The euro held above last
Asian stocks leapt to their highest in nearly a month on Monday as risk appetite improved on talk of a quick bailout for Greece and as investors looked past the Federal Reserve's
Wall Street could keep rallying after notching its best week this year if Federal Reserve Chairman Ben Bernanke gives a reassuring assessment of the recovery and retail earnings show improvement. Investors are
The president of the Greek New Democracy Party, Antonis Samaras, is in Cyprus on a two-day official visit, at the invitation of the President of the Democratic Rally party (DISI), Nicos Anastasiades.
A makeshift assistance should be enough to rescue Greece but bigger problems facing Europe would leave the future of the euro currency in question, billionaire investor George Soros said. Writing in the
Asian stocks rose on Monday as investors looked past the Federal Reserve's discount rate hike to signs of strength in the U.S. economy, while the euro firmed on talk that a quick
A tug of war between evidence of a strong U.S. economic recovery and the prospect for higher interest rates is making investors slightly hesitant in allocating their cash significantly more into stocks.
The plenary of the Cypriot House of Representatives has approved a capital increase plan of 35 mln euros, to save the state-owned chartered flight carrier. The plan was approved on Thursday after
European shares fell on Friday, snapping a four-day winning streak, after the U.S. Federal Reserve raised an emergency lending rate, with banks among the worst performers. By 0940 GMT, the pan-European FTSEurofirst
U.S. stock index futures fell, pointing to a weaker start for Wall Street on Friday after the U.S. Federal Reserve raised an emergency lending rate it charges banks. By 0904 GMT (4:04
