TOKYO (Reuters) - Japanese consumer price index excluding volatile food and energy prices slid in the year to October at the fastest rate ...
Malawian President Bingu wa Mutharika has charged the World Bank and the IMF with causing foreign exchange shortages by forcing the country to ...
Battling to contain inflation and bolster its trade, Vietnam had to devalue its currency after burning through reserves to defend the dong, but analysts say the economy is not out of the woods yet. The State Bank of Vietnam (SBV) on Wednesday ...
India's Tata Steel, the world's eighth-largest steelmaker, reported Thursday it swung to a consolidated quarterly net loss from a profit a year earlier, hit by lower prices. Tata Steel's consolidated net loss for the three months to September totalled 27.07 billion rupees ...
Shares in debut stock China Minsheng Banking, Hong Kong's biggest listing this year, fell Thursday on fears Chinese banks will need to raise more capital to offset bad loans, analysts said. Minsheng, which raised 3.86 billion US dollars in its initial public ...
Canadian manufacturer Bombardier announced 715 job cuts in the Montreal area on Thursday, citing weaker demand for its regional jets. "The current economic and airline industry environments continue to make it difficult to gain new aircraft orders, particularly for the CRJ aircraft ...
The euro slipped against the dollar on Thursday as world markets were shaken by news that Dubai had moved to suspend part of the debt of a major state-backed development company. The dollar meanwhile slumped to a 14-year low point against the ...
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 ...
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 ...
