Shares in Japan and South Korea rose on Monday, with Seoul lifted by strong economic growth data, while the dollar slid after a Chinese article said Beijing should raise its euro and yen holdings in its reserves.
Police are following several lines of inquiry into the Lockerbie bombing focusing on possible accomplices of convicted former Libyan agent Abdel Basset al-Megrahi, Scottish authorities said on Sunday.
A team from the U.N. nuclear watchdog inspected a nuclear site in Iran on Sunday that has heightened Western fears of a covert program to develop atomic bombs, the semi-official Mehr news agency reported.
JPMorgan Cazenove's joint venture owners are keen to decide whether J.P. Morgan should buy out its UK investment banking partner before bonuses are set for staff around the turn of the year, industry sources said.
Central banks that worked hand in hand with governments to contain the financial crisis may succumb to political pressure and delay unwinding ultra-loose monetary policy, risking igniting inflation and speculative bubbles.
U.S. stocks fell on Friday, with the major indexes slipping for the first week in three, as industrial companies' weak results overshadowed robust earnings from tech and retail heavy-weights.
New York gold futures ended lower in choppy trade on Friday, reversing gains from earlier in the session as the dollar rebounded against a basket of
major currencies after an optimistic U.S. housing report and bleak U.K. economic data.
Benchmark sterling interbank lending rates paused at 5-week highs on Friday after news that Britain's economy unexpectedly contracted again, while abundant amounts of liquidity kept euro and dollar rates pinned at record lows.
The Italian Health Ministry reported Friday a likely case of Creutzfeldt-Jakob Disease, the human form of mad cow disease.
A new nuclear fuel recycling system could cut radioactive waste and remove the possibility of plutonium from spent nuclear fuel being used to make weapons, but it won't come cheap.
Britain's economy contracted in the third quarter of this year, quashing hopes the downturn was ending and instead marking the longest recession on record.
Stock index futures pointed to a slightly higher open for Wall Street on Friday, as investors awaited results from software giant Microsoft and data on home sales.
World stocks broke a three-day losing run on Friday and hovered near their 12-month high, boosted by the Dow's return above 10,000 points, while the dollar briefly touched a new low for the year against the euro.
Britain's economy contracted unexpectedly in the third quarter of this year, squashing hopes of an end to the downturn and instead making the current recession the longest on record, official data showed Friday.
Asian shares rose on Friday as investors were encouraged by upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. rates would remain low.
Big banks took a beating from government on Thursday, both in the U.S. Congress where lawmakers backed tougher industry rules, and from U.S. and UK regulators who moved aggressively to restrain bankers' pay.
The Aussie dollar ran into a wall of resistance ahead of 93 cents during yesterday's Asian morning session retreating throughout the afternoon with the market somewhat disappointed by China's envious 8.9% economic growth result.
Windows 7, the latest version of Microsoft's operating system, is seeing bullish market around the world on the eve of its official launch.
The European Central Bank has warned that EU plans to tighten regulation of hedge funds and other alternative investors risk creating a two-tier playing field that could drive the industry out of Europe.
Thousands of postal workers at state-owned Royal Mail walked out on Thursday, starting a 48-hour nationwide strike and blaming bosses and the government for failing to prevent the action.
Cash-rich Nestle SA, the world's biggest food group, said it was speeding up a programme to buy back shares and was likely to raise fresh funds from the sale of its stake in eye care firm Alcon.
Britain's top share index shed 1 percent by midday on Thursday, suffering a broad-based sell-off after disappointing earnings news from the U.S., with energy stocks the biggest laggards as crude fell.
