European shares fell further on Friday, a day after posting their biggest one-day drop in seven months, as concerns about contagion from Dubai's debt crisis curbed investors' appetite for riskier assets. By
The Board of Vassiliko Cement Works (VCW) proposed the payment of an interim dividend payment of EUR 0.015 to its shareholders. Ex-dividend date is set on 10 December 2009. Furthermore, the island’s
Moody's Investors Service has downgraded the ratings of three Romanian commercial banks in light of its global review of systemic support indicators for the country's banking system, and also because of the
The yen hit its highest level in 14 years on the dollar on Friday and also jumped against the Australian dollar and higher-yielding currencies, with investors unwinding risk trades as stocks fell
Japan's finance minister raised the prospect of a Group of Seven joint statement on currencies to cool the yen's rally as the dollar tumbled to a 14-year low against the yen on
Japan's Nikkei slid 3.2 percent to hit a 4-month closing low on Friday for a fifth straight week of losses, hurt after the yen touched a 14-year high against the dollar and
Lloyds Banking Group investors on Thursday overwhelmingly approved the bank's record rights issue but gave executives a grilling for mistakes made during the financial crisis. Lloyds also said at a meeting of
Debt problems in Dubai hit financial markets across the board on Thursday, sinking global stocks, helping lift safe-haven bonds and taking the dollar up from a 14-year low against the yen. Gold
Moody's Investors Service has downgraded the ratings of all six government-related issuers (GRI's) in Dubai and left them on review for possible downgrade. The ratings affect DP World, Dubai Electricity & Water
Finance Ministers from eight economies in South, East and Central Europe will meet in Vienna on December 3 in support of a unique regional action plan that will increase stability in their
