Asian shares jumped on Monday, lifted by surprisingly strong manufacturing data from CHina, while the dollar shot up from a 15-year low against the yen, stirring speculation of Japanese intervention. But the
Europe's biggest low-cost airline Ryanair reported a 17% increase in first half net profit on Monday and upgraded its full-year earnings guidance, as expected, on the back of better winter yields. The
Shares in Shanghai and Hong Kong were higher by midday on Monday, starting the month on a strong note, with commodities issues sharply higher after forecast-beating manufacturing data. The Shanghai Composite Index
The European Union will only sign up to a second phase of the United Nation's climate treaty if loopholes are closed and other big economies make deeper cuts to greenhouse gases, EU
The cost of insuring Greek and other peripheral bonds against default rose on Friday as higher-yielding euro zone issuers suffered with investors continuing to fret over fiscal problems. Five-year credit default swaps
The event putting investors' positions most at risk in the coming week is the very opposite of what they feared back in January. Then it was the "exit strategy" central bankers would
Shortly after the passing of the world's beloved eight-legged soccer soothsayer, a Chinese film called "Kill Octopus Paul" is challenging the truth behind the oracle octopus who correctly predicted World Cup results.
The Economic Sentiment Indicator (ESI) has improved further in both the EU and the Euro area in October 2010, however in Cyprus, after five months of continuous improvement, it has dropped. According
President of the European Central Bank Jean-Claude Trichet called on Wednesday for prudence and cautiousness as regards the economic crisis. ''We never declare victory (on the economy),'' Trichet told a news conference
Piraeus Bank announces 1.05 bln euro capital boost Piraeus Bank <BOPr.AT>, Greece's fourth-largest lender, announced a 1.05 billion euros ($1.5 billion) cash call to better deal with stricter capital adequacy conditions and
