European shares fell in early trading on Monday, led lower by oil producers and financial stocks, as concerns about the impact of a debt default in Dubai continued to put pressure on
British consumers repaid the highest amount of unsecured credit on record in October, reducing their debt at twice the rate economists had expected, Bank of England data showed on Monday. Net consumer
The head of the Bank of Japan said the bank will act decisively in the event of renewed financial market turmoil, his strongest hint yet at fresh support for the economy that
Asian stocks recovered after last week's steep sell-off over the Dubai debt crisis as investors nerves steadied on hopes that the fallout of a potential default will be limited. Banking shares, which
Based on an initial assessment of the exposures of rated banks in the United Arab Emirates to Dubai World and its subsidiary Nakheel, Moody's Investors Service said that it will not implement
Moody's Investors Service is maintaining a negative view, with some downgrades of the ratings of four Bulgarian banks following its reassessment of the vulnerability of their earnings and capital positions to increased
As part of its global framework for estimating banks' credit losses and their effect on ratings, Moody's Investors Service has revised its stress-test assumptions for banks in Azerbaijan under its anticipated —
Oil prices sank to six-week lows below $75 a barrel on Friday as fears that Dubai could default convulsed financial markets and the dollar rose as investors moved into safer assets. U.S.
ING priced a rights issue intended to raise 7.5 billion euros ($11.2 billion) at 4.24 euros per share, luring shareholders with a hefty discount of close to 40 percent as it looks
Britain has gone through the worst of the recession and should return to growth in the fourth quarter, although there is "still a lot of work to do", two Bank of England
