Rising funding costs prompted major Australian banks to lift their mortgage rates despite the freeze on cash rate imposed last week by the Reserve Bank of Australia (RBA).
Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria, while it downgraded the ratings of Italy, Portugal, Spain, Slovakia, Slovenia and Malta.
Greek political leaders say the nation must accept yet more punishing austerity or face a social explosion, but after a night of violence and destruction in Ath...
Bell FX Currency Outlook: The AUD rallied yesterday after the Greek Parliament passed the austerity measures required by the European Commission, but failed to breach 1.0800.
As the political discussion continues over Chrysler's popular "Halftime in America" Super Bowl commercial starring Clint Eastwood, Saturday Night...
Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shopp...
Confederation of British Industry predicts Britain will avoid recession and see growth in second half of 2012.
Business leaders defended on Wednesday the decision of Australian banks and other local companies to offshore jobs.
China betrayed signs of spluttering domestic demand on Friday as imports crumbling to their low...
On 11 February 2011, the West's "man in Cairo", Hosni Mubarak, was toppled from power, the result of continuing and increasingly violent anti-government demonstrations.
The State Bank of India (SBI), the country's biggest lender, reported an unexpected rise in bad loans for the third quarter, taking the shine off healthy growth in loan demand and interest income that helped it post a 15 percent rise in net profit.
Japan’s economy contracted more than economists forecast in the fourth quarter as exports slid on weakness in global demand and strength in the yen.
The President of Iran has made a startling announcement... one sure to set alarm bells ringing throughout the White House, the European Union (EU) and...
The rupee rose further in afternoon trading on Monday helped by robust dollar inflows and a bounce back in local shares after an improvement in risk a...
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