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 ...
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 ...
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 ...
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 ...
World oil prices slid 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 99 cents to 76.97 ...
The London Stock Exchange said Thursday it had halted trading due to a technical hitch. The LSE suspended trade at 1030 GMT "due to ongoing technical difficulties," it said in a brief statement. "The length of this period has not yet been ...
The shock from Dubai's move to suspend payments due on a slice of government-backed debt spilled over on Thursday into world markets and caused a sharp weakening in global Islamic bonds. The move to restructure the state-owned Dubai World and the proposal ...
LONDON (Reuters) - Share trading on the London Stock Exchange <LSE.L> has been halted by technical difficulties, a spokesman for the bourse operator said on Thursday. As a result, all order-driven securities were placed in an auction call period at 1038 GMT ...
The dollar slumped to a 14-year low against the yen on Thursday, prompting fears that a further surge could hurt a fragile recovery in the world's second largest economy. "If the yen rises at an accelerated pace, there is no doubt there ...
