Investor demand for riskier assets made a tentative comeback on Monday, with commodity prices steadier and Asian stock markets scoring modest gains, a session after their biggest one-day fall in over four months. Commodity currencies such as the Australian dollar clawed off the lows plumbed on Friday, when fears that fast-growing China will have to

Irish debt concerns and the potential for Chinese rate hikes to fight off inflation knocked stocks, bonds and commodity prices lower on Friday as investors booked profits heading into the weekend. U.S. stocks were off 1% after five straight weekly gains as commodity and energy shares took a beating on concerns that changes in Chinese

Ireland is in talks to receive emergency funding from the European Union and is likely to become the second euro zone country, after Greece, to obtain an international rescue, official sources said on Friday. Irish borrowing costs have shot to record highs this week because of concern about the country's ability to reduce a public

G20 leaders closed ranks on Friday and agreed to a watered-down commitment to watch out for dangerous imbalances, yet offered investors little proof the world was any safer from economic catastrophe. After an acrimonious start, developed and emerging nations agreed at a summit in Seoul to set vague "indicative guidelines" for measuring imbalances between their

General Motors Co is still accepting investor orders for shares in its initial public offering and is not expected to close the order books until early next week, three people familiar with the matter said on Friday. The IPO is expected to price around the top end of the range and exercise the full greenshoe,

Williams are looking in "great shape" financially for next season despite losing some major sponsors, team chairman Adam Parr said on Friday. Parr told reporters at the season-ending Abu Dhabi Grand Prix that he had missed the last two races in Brazil and South Korea because he was making sure the former champions had the

France goalkeeper Hugo Lloris agreed on Friday the national team did not deserve their World Cup bonuses but said they were not ready to give up their money from previous matches. "We never changed our minds," Lloris told a news conference ahead of Olympique Lyon's Ligue 1 match at home to Nice. "We were asked

Turkey's central bank moved on Friday to cool down red-hot loan growth by raising banks' lira reserve requirements, a day after it slashed overnight borrowing rates to deter speculators betting on currency appreciation. The increase in reserve requirements, the second this year, will withdraw 2.1 bln lira ($1.4 bln) from the market, the central bank

Cyprus' trade deficit was €3.426,3mn in January-August 2010 compared to €3.087,1mn in the corresponding period of 2009, according to the “Intra-Extra E.U Trade Statistics (Summarised Data)” August 2010 report issued by the Statistical Service. Total imports/arrivals (covering total imports from third countries and arrivals from other Member States) in January-August 2010 amounted to €4.135,3mn as

Leaders of the G20 rich and emerging economies called on Friday for intensified efforts to complete the long-running Doha round of global trade talks, saying next year offers a narrow window of opportunity. The endorsement by the G20 summit of 2011 as a target date, even if not an explicit one, marks an optimistic return