Japan's government is looking at expanding stock buying and taking other steps to support the share market, Finance Minister Kaoru Yosano said on Tuesday, amid growing fears for the economy as sliding
European stocks slid in early trade on Tuesday, echoing sharp losses on Wall Street and in Asia as lingering fears over the stability of the financial sector rattled investors. AXA, Europe's second
Europe and Asia joined Wall Street's sell-off on Tuesday, sending world stocks to their lowest since April 2003, while oil fell and government bonds rose as fresh concerns grew about the financial
The United States vowed to prop up ailing banks if needed, with the government set to take a bigger stake in Citigroup and inject yet more cash into insurer AIG, even as
U.S. agencies detailed financial rescue plans on Monday and insisted they did not want to nationalize banks as investors fretted over how struggling firms will cope with rising recession-driven losses. In a
U.S. banking regulators on Monday pledged to provide more capital to banks as needed and keep large institutions viable through a new capital assessment program to be launched on Wednesday. "The U.S.
Vodafone, the world's largest mobile phone group by revenue, is to cut hundreds of jobs in Britain according to a report on Sky News. The move to cut jobs could be made
World stocks rose from last week's three-month lows and government bonds fell on Monday as expectations grew that the U.S. government will increase its stake in Citigroup, instead of fully nationalising it.
World stocks rose from last week's three-month lows and government bonds fell on Monday as expectations grew that the U.S. government will increase its stake in Citigroup, instead of fully nationalising the
The U.S. economy is set to contract sharply in the first quarter, with the current cyclical downturn on track to rival the 1973-75 slump as soaring unemployment depresses demand, a survey showed.
