Australia's government this week will reveal an improvement of up to A$10 billion ($8.67 billion) in the past year's budget, a report said on Monday. Treasurer Wayne Swan would release the 2008-09
China marks 60 years of Communist rule on Thursday, with the country enjoying unprecedented global economic and geopolitical influence but still facing several challenges. Following is a summary of key risks and
German Chancellor Angela Merkel faces tough negotiations to bridge policy differences with the business-friendly Free Democrats (FDP) after an election which gave her a new term as head of a centre-right government.
The yen surged to an eight-month high against the dollar on Monday as Japanese officials waved off any plans to stem the currency's rise, driving the Nikkei down more than 2 percent
Global stocks fell to a 1-1/2 week low on Friday while the dollar rebounded against a basket of major currencies as investors cut risky bets after U.S. data showed an unexpected fall
European shares fell in afternoon trade on Friday after data showed an unexpected fall in U.S. durable goods orders for August. By 1301 GMT, the FTSEurofirst 300 of top European shares was
Increasingly volatile currency moves are becoming a headache for largely-unhedged equity investors and corporates as markets prepare themselves for central banks to wind down super loose money conditions. The dollar hit a
Citigroup Research has lifted its price target on the shares of Marfin Popular Bank (CPB) from EUR 3.25/share to EUR 4.00/share in a research note dated September 24, 2009 at a time
Britain's top shares were higher at midday on Friday, lifted by strength in energy stocks as a pledge by world leaders to keep economic support in place settled investor nerves and lifted
U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due to poor underwriting standards and the continuing weakness
