Japanese stocks jumped more than 4% on Tuesday amid reports of progress in stabilising an earthquake-damaged nuclear plant and the yen edged up, putting traders on heightened alert for more central bank
India's government introduced a wide-ranging tax bill into parliament on Tuesday, but opposition to the move threatened to derail what is one of the coalition's most ambitious reforms of its second term.
The euro zone's permanent bailout fund, the European Stability Mechanism, will be backed by paid-in and callable capital and offer loans more cheaply than the temporary facility does now, a euro zone
Moody's Investors Service has downgraded the foreign-currency (FC) deposit ratings of five Egyptian banks by one notch to B1 from Ba3. These are National Bank of Egypt, Banque Misr, Banque du Caire,
Alpha Bank sought better terms from NBG after rejecting a bid last month by Greece's biggest lender, but there has been no follow up, a banking source close to the talks told
The downside risks from the earthquake, tsunami, and nuclear crisis have increased over the past week for Japan's economy, sovereign credit, banking, insurance, and non-financial corporate sectors, Moody's Investors Service said in
Oil prices jumped more than 2% to top $116 a barrel on Monday as Western forces launched air strikes on Libya, while Asian shares advanced on bargain hunting in the wake of
Hong Kong and China shares traded higher on Monday morning, with investors focused on earnings and taking the Chinese central bank's latest tightening move late on Friday in their stride as concern
Japan must cool and isolate the nuclear fuel at its crippled atomic power station before trying to encase the reactors in a Chernobyl-style concrete sarcophagus, nuclear experts believe. Japanese authorities agree it
A coordinated move by central banks of rich nations to stabilize the yen's value appeared to be having a decisive effect on Friday, after a sharp rise in the yen after Japan's
