A weakening housing market, strained banking system and rising oil prices threaten the U.S. economy, and restoring financial market stability is a top priority, Federal Reserve Chairman Ben Bernanke said on Tuesday.
Euro may have seen a top The dollar steadied around a cent away from the previous session's record low versus the euro on Wednesday, cheered by a new measure aimed at stabilising
World stocks stabilised on Wednesday above a 21-month low while the dollar held near a record trough versus the euro after a sharp fall in oil prices helped calm investor nerves over
By Dominic Lau LONDON, July 16 (Reuters) – Britain's top share index ticked up early on Wednesday after the previous session's steep losses, as oil stocks tracked higher crude prices and miners
Freddie Mac & Fannie Mae The rescue plan announced for Freddie Mac & Fannie Mae shows the determination of the US authorities to support the financial markets and discourage a run on
Fannie and Freddie crisis strikes one more blow to the weak USD. Who’s next? Charis Charilaou Chief Dealer The deterioration of the US financial sector as is evident from the latest turmoil
Apollo Investment Fund Pcl (APOL) announced that its NAV as at 30 June 2008 was EUR 0.6022 per share compared with EUR 0.7030 per share as at 31 March 2008 representing a
The European Investment Bank, the European Unions long-term financing arm, is to lend EUR 135 mln to support the construction of eight hydroelectric power plants in south east Turkey by Enerjisa Enerji
Spanish fans of Formula One can watch this season's races live on their handsets thanks to HyC – part of the Ericsson group – in partnership with Boomerang TV and Spanish broadcast
Energy and resources companies proved to be the bright spot in an otherwise depressed European initial public offering (IPO) market in the second quarter of 2008, representing the bulk of capital raised,
