Britain's top share index moved 0.4 percent higher on Tuesday, tracking gains in Asia, as energy majors and mining stocks were in demand, while Friends Provident rose on an improved takeover offer
Moody's Investors Service has placed the ratings of four banks in the United Arab Emirates (UAE) on review for possible downgrade reflecting the rising challenges facing the sector, chiefly triggered by the
The ratings of entities in the fast-growing Islamic banking sector are stable, largely thanks to their ample liquidity, high profit margins and conservative leveraging, according to Moody's Investors Service. Nevertheless, the rating
World stocks ticked slightly higher on Tuesday and Japan's Nikkei hit a 10-month closing high despite disappointing Chinese data that drove up the yen. European shares gained, as did the euro. The
China reported below-forecast growth in factory output and investment on Tuesday, underlining why senior officials keep reminding markets that the world's third-largest economy is not yet back on a solid footing. But
The rate of increase of the Harmonized Index of Consumer Prices (HICP) for July 2009 recorded a negative rate of inflation -0,8%, down from 0,1% in June 2009, a press release issued
Liechtenstein and Britain said on Tuesday they have signed an agreement to encourage British clients of banks in the Alpine principality to voluntarily disclose untaxed money. The Liechtenstein government said in a
Hotels, the world's biggest hotelier, beat forecasts with a 38 percent dip in first-half profit and moved to cut costs deeper as it expected tough trading to continue through 2009. The British
Asian stocks struggled to eke out gains on Tuesday as policymakers warned of lingering economic uncertainty and data showed China's recovery may be moderating. The yen climbed across the board and sterling
The drop in house prices in England and Wales eased further in July and retail sales rose across Britain, surveys showed on Tuesday — yet more signs the recession-hit economy is starting
