Just as some drivers don't carry insurance, critics doubt health coverage mandate would work Thousands of drivers on the nation's roads don't carry ...
Battling to contain inflation and bolster its trade, Vietnam had to devalue its currency after burning through reserves to defend the dong, but ...
The price of gold soared above 1,195 dollars an ounce for first time in history here on Thursday, following a purchase of IMF gold by Sri Lanka's central bank. Gold hit 1,195.13 dollars per ounce at around 0400 GMT on the London ...
The dollar slumped to a 14-year low point against the yen on Thursday, prompting fears that a further surge could hurt a fragile recovery in Japan, the world's second largest economy. Gold scored yet another record high, breaching 1,195 dollars an ounce ...
Global stock markets fell sharply Thursday on mounting fears of a debt default by Dubai and tighter lending conditions in China, analysts said. London shed 1.95 percent to 5,260.05 points in mid-afternoon deals. The market was earlier forced to suspend trading for ...
NEW YORK (Reuters) - U.S. shoppers may stretch tight budgets this year to reward loved ones after months of thrift, a softening of heart that store chains hope will erase the holiday season sales debacle of 2008. Retailers from Wal-Mart Stores to ...
European banks have 13 billion euros' worth of exposure to debt-laden Dubai, Swiss lender Credit Suisse estimated on Thursday after the Gulf state shocked investors by moving to suspend some repayments. Credit Suisse analysts said in a report that investments in the ...
European employers' chiefs on Thursday urged eurozone leaders, heading to China on Sunday to discuss exchange rates, to call for a revaluation of the yuan by Beijing. In a letter to European Central Bank governor Jean-Claude Trichet made public on Thursday, Juergen ...
The London Stock Exchange resumed trading on Thursday after a technical hitch had put it out of action for three-and-a-half hours. The LSE began trading again at 1400 GMT after earlier announcing that "technical difficulties" had forced its temporary closure. London's benchmark ...
China unveiled on Thursday what it called an ambitious plan to boost energy efficiency and curb its carbon footprint in the most detailed indication yet of its stance heading into a world climate summit. The world's most populous country will cut the ...
GENEVA (Reuters) - South Korea has launched a dispute at the World Trade Organization against the United States over U.S. measures to raise prices on imports of steel, a South Korean embassy official said on Thursday. The move by Seoul is the ...
World oil prices fell Thursday on profit-taking after a strong rally the previous day on the back of positive US data and the weak dollar, analysts said. New York's main contract, light sweet crude for January delivery, retreated 1.01 dollars to 76.95 ...
