European shares were lower in early trade on Thursday as investors took a cautious stance ahead of U.S. non-farm payroll figures and the ECB rate decision, with banks and commodities the biggest
Top U.S. and European banks have lost more than $900 billion on toxic assets and from bad loans since the start of 2007. Losses by banks between 2007 and 2010 are expected
Britain's top share index fell 1.3 percent early on Thursday, as equities fell broadly, led lower by energy and mining stocks which fell on retreating commodity prices. Energy companies, which gained the
World stocks slipped from the previous day's two-week high while the dollar rose broadly on Thursday as investors looked to a closely-watched U.S. employment report to gauge the state of economic recovery.
Japan's Nikkei average fell 0.6 percent on Thursday, dented by a fall in blue-chip shares as caution set in ahead of U.S. jobs data, but Hitachi jumped on a report it will
China raised the stakes in its long-haul drive to unseat the dollar as the world's dominant currency, seeking a debate on an alternative reserve regime at next week's Group of Eight summit.
Stocks in Hong Kong and Taiwan rose on Thursday, bolstered by bets China's recovery will continue, while the U.S. dollar recovered from a three-week low against the euro ahead of the latest
U.S. mortgage applications plunged to a seven-month low last week, industry data showed on Wednesday, dampening hopes of the economy emerging from its worst slump since the Great Depression. The news supported
A European Commission revised guideline – approving the application of tonnage tax – is an acknowledgement of Cyprus' expertise in shipping and in particular ship management, Cypriot maritime officials have said. After
World stocks began the third quarter on an upbeat note on Wednesday with European and emerging market shares rising around 1 percent and oil climbing on hopes for a recovery in demand.
