Efforts by G20 leaders convinced investors that policy makers were united enough to keep a risk taking rally alive on Friday, pushing up Asian equities for a fourth day and knocking the yen to a six-month low against the Australian dollar.
World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again.
World leaders on Thursday clinched a $1.1 trillion deal to combat the worst economic crisis since the Great Depression, and tightened the rules to stop it happening again.
Leaders of the G20 nations agreed to pump an additional trillion dollars to fight the economic crisis on Thursday, in an effort to shorten the recession and save jobs.
World leaders agreed a trillion-dollar deal on Thursday to combat the deepest economic downturn since the Great Depression.
World leaders will impose new financial rules on Thursday and triple the war chest of the International Monetary Fund to fight the worst economic crisis since the 1930s, sources at the G20 summit said.
Banker Julius Meinl V, head of an Austrian coffee-roasting dynasty and chairman of Meinl Bank, was arrested late on Wednesday on suspicion of defrauding investors through secretive share buybacks.
World leaders will impose new financial rules on Thursday and triple the war chest of the IMF to fight the worst economic crisis since the 1930s, monetary sources at the G20 summit said.
World leaders are set to declare an end to unfettered capitalism at a G20 summit on Thursday after France and Germany demanded they act fast on promises to prevent a repeat of the worst economic crisis since the 1930s.
US President Barack Obama said that all the participating countries at G20 summit should work together to tackle the global financial crisis and should recognize they had to forget their occasional differences on how to promote economic growth and trade.
Riot police staged baton charges to try to disperse several hundred protesters gathered around the Bank of England in the heart of London's financial center on Wednesday after a day of protest against the G20 summit.
Research In Motion has launched an online store selling entertainment, games, news and travel applications to BlackBerry users.
Demonstrators clashed with riot police and smashed the windows of a bank in London's financial center on Wednesday in protest against a system they said had robbed the poor to benefit the rich.
Research in Motion today launched its online applications catalog, dubbed App World in response to competitors like Apple and Google who already offer exclusive applications in the marketplace.
Demonstrators clashed with riot police and smashed the windows of a bank in London's financial center on Wednesday in protest against a system they said had robbed the poor to benefit the rich.
U.S. President Barack Obama said on Wednesday there was enormous consensus between the largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.
Finnish Nokia Oyj, the world's biggest mobile phone maker, said thousands of developers and content providers had registered to sell content in its online store, Ovi, which will be opened in early May.
U.S. President Barack Obama said on Wednesday there was enormous consensus between the largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.
U.S. President Barack Obama said on Wednesday there was enormous consensus between the world's largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.
U.S. President Barack Obama denied rifts between the world's leading economies on the eve of a crisis summit and urged them on Wednesday to act together to find the fastest route out of global recession.
Research In Motion has launched an online store selling entertainment, games, news, and travel applications to its BlackBerry users.
Fresh speculation has swirled about mining giant BHP Billiton resurrecting a takeover bid for rival Rio Tinto, but such a move is unlikely before Rio repairs its balance sheet.