The fundamental credit outlook for the UK life insurance industry is negative, in particular reflecting concerns about insurers' still strong but depressed capitalisation, weakening profitability and substantial exposure to equities, as well
Sweden's government debt Aaa rating with a stable outlook is based on "very high" economic strength, reflecting both high GDP per capita and a resilient, diversified economy, Moody's Investors Service said in
The fundamental credit outlook for the Lithuanian financial institutions is negative, in particular reflecting the prospects of a decline in economic growth and its effect on asset quality and profitability, Moody's Investors
European shares surged in early trade on Monday, led by banks and oils and tracking gains in the United States and Asia on hopes that government stimulus packages will help soften the
British producer prices and costs fell in November as oil and petroleum product prices declined sharply, official data showed on Monday, in a further sign that inflationary pressures are cooling. However, the
U.S. government debt, long considered the safest investment in the world, looks like it too has been hit by "bubble" fever. Prices of U.S. Treasury bonds appear dangerously overstretched after a soaring
Asian stocks jumped to a three-week high on Monday, with investors taking heart from a rescue plan for U.S. automakers, falling oil prices and more government stimulus measures to limit the economic
A new report by the World Bank, IFC and PricewaterhouseCoopers shows that tax authorities worldwide are overhauling tax systems by reducing taxes, streamlining administrative processes and modernising payment systems. Paying Taxes 2009,
Global GDP growth in purchasing power parity (PPP) terms is expected to slow down to a mere 2% in 2009, according to a research report from the Economist Intelligent Unit (EIU). The
Germany denied suggestions on Friday that Britain, France and the European Commission had snubbed Chancellor Angela Merkel by holding a high-profile meeting on the global economy next week without her. Merkel, leader
