Asian shares wobbled Thursday as doubts deepened about Europe's ability to stop its sovereign debt crisis from spinning out of control, with Germany and France split over the European Central Bank's bond buying role.
Guinea's president declared late on Tuesday that the date for landmark parliamentary elections should only be set once there is agreement among rival parties on the timing, defusing a row that has already sparked deadly clashes.
The economically insecure country of Portugal is seeking investment from its former colony, Angola.
The newspaper Corriere Della Serra described the new cabinet as being composed only of experts, no politicians.
Volatility in government bond markets is likely to continue unless European countries take steps to shield their financial systems, Canada's finance minister said as he expressed frustration with Europe's two-year old debt crisis.
The Canadian dollar slipped for the third day against the U.S. currency on Wednesday amid signs that Europe's debt crisis was spreading.
Pressure eased on Europe's government debt market Wednesday, with Italian borrowing costs back below the 7 percent level viewed as unsustainable after the European Central Bank was seen buying up bonds.
The European Central Bank stepped in to stem an accelerating selloff of euro zone government bonds on Wednesday, traders said, after the United States called for more decisive action to halt the spreading sovereign debt crisis.
A European Union plan to impose tougher rules on credit rating agencies is "dangerous" as it is bound to limit the "quality and independence" of the rating process, the president and chief operating officer of Moody's Investor Services told Le Figaro newspaper.
Foreign direct investment into China climbed nearly 16 percent in the first 10 months of 2011 from a year earlier as foreign investors continued to flock to the world's fastest-growing major economy despite the global economic malaise.
Mauritius' Chamber of Agriculture revised its 2011 sugar production forecast up by 5 percent to 410,000 tonnes on Tuesday, saying the sugar cane crop had proven more resilient to poor rainfall than expected.
Ukraine's parliament on Tuesday rejected a move to downgrade the abuse-of-power offence under which former prime minister Yulia Tymoshenko has been jailed, dealing a blow to prospects of an early release for the charismatic opposition leader.
Prime Minister-designate Mario Monti raced to assemble a new government for Italy on Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second biggest economy.
Monti said he would “act with urgency” to resolve Italy’s deep financial crisis.
The entire affair paints a poignant picture of the idea of freedom of religion in Iran, where Zoroastrians are vulnerable to pressures of conversion, official retaliation and discriminatory practices in employment and education.
Prime Minister-designate Mario Monti raced to assemble a new government for Italy Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second-biggest economy.
European shares and the euro fell on Tuesday as investors renewed selling of Italian and Spanish bonds, while a sharp rise in French yields pointed to a growing risk that the two-year debt crisis may spread to one of the region's big two economies.
Asian shares fell on Tuesday, as a rise in euro zone bond yields reflected lingering doubts about the ability of politicians in Italy and Greece to push through painful reforms to resolve their debt crises and win market confidence.
Prime Minister-designate Mario Monti meets the leaders of Italy's biggest two parties on Tuesday to discuss the many sacrifices needed to reverse a collapse in market confidence that is driving an ever deepening euro zone debt crisis.
Lucas Papademos has insisted that remaining in the Eurozone is our only choice.
LEIPZIG, Germany, Nov 14 - Warning that Europe faced its toughest hour since World War Two, German Chancellor Angela Merkel urged her party to set aside its misgivings about the euro and accept closer political integration as a solution to the bloc's deepening debt crisis.
Wall Street stocks declined on Monday as Eurozone data signaled the region could be facing a recession, adding to worries about Europe's debt crisis.
