Asian stocks slipped on Monday as the outbreak of swine flu in North America hurt shares of airlines and transport companies while prompting some market players to trim risky positions, hitting currencies
French President Nicolas Sarkozy on Friday unveiled a plan to spend more than a billion euros on youth job schemes to counter soaring unemployment among people under 25. Just days before France's
World stocks and the euro rose on Friday after better-than-expected Ford Motor results and an upbeat key German corporate sentiment survey, while disappointing UK growth data knocked sterling. Ford posted a smaller-than-expected
Britain's economy shrank more at its sharpest rate in 30 years in the first three months of 2009, official data showed on Friday, suggesting the recession may be deeper than feared. The
Asian stocks edged up on Friday, as financials gained on hopes that credit fears have eased, although the yen drifted higher with investors cautious until more details emerge on the U.S. Treasury's
The global economic downturn has recently shown signs of abating, U.S. Treasury Secretary Timothy Geithner said on Friday, and South Korea seemed to back that view by narrowly avoiding recession in the
European shares rose by midday on Thursday as gains for bank Credit Suisse and energy stocks offset slides for engineering group ABB and chemicals maker Akzo Nobel. The FTSEurofirst 300 index was
British bank Barclays Plc said its first-quarter financial performance was well ahead of the same period last year, and confirmed it intends to resume paying dividends in the second half of 2009.
Investors generally put aside recent worries about the world economy and banking industry woes on Thursday, sending global stocks higher and reversing safety flows into the Japanese yen. Mixed earnings plagued European
European shares drifted lower in early trade on Thursday, weighed by poor results from Swiss engineering group ABB, though Credit Suisse jumped after the size of its first-quarter profit surprised investors. At
