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* Sterling loses more than 1 pct on the day vs euro, dlr LONDON, Nov 20 (Reuters) - Sterling shed more than 1 percent against the euro and dollar on Thursday as traders bet that surprisingly resilient UK retail sales won't be enough to slow the pace ...
Read moreNEW YORK, Nov 21 (Reuters) - Citigroup Inc shares tumbled for a fifth straight day, as Chief Executive Vikram Pandit tried to downplay speculation the banking giant might sell major businesses to restore its health and investor confidence. Pandit ...
Read moreLAGOS, Nov 21 (Reuters) - Gunmen shot dead at least four people in a bank raid in Nigeria's commercial capital Lagos on Friday before escaping by speedboat when police arrived in an armoured personnel carrier, a witness said. As many as 20 armed ...
Read moreThe euro moved higher vis-Ã -vis the U.S. dollar today (Thursday) as the single currency tested offers around the US$ 1.2585 level and was supported around the $1.2470 level. The common currency gained ground on a variety of factors. First, weekly U ...
Read moreMr Zardari was thrust into the centre stage of current political developments when his wife, the charismatic former Prime Minister Benazir Bhutto was assassinated in December. Since then he has led her Pakistan People`s Party (PPP) through successful ...
Read moreAs if we needed further indication that risk trends remain the primary driver of the forex market, the release of US retail sales highlighted this point yet again on Friday. Indeed, the US dollar initially rose amidst the 8:30 ET release of US data ...
Read moreSYDNEY, Nov 17 (Reuters) - Australian stocks are expected to start mildly lower on Monday, pushed down by a fall in Wall Street on worries about the deepening of a global economic slump. The Group of 20 leaders from major developed and emerging ...
Read moreWELLINGTON, Nov 17 (Reuters) - Asian shares are set to fall on Monday after Wall Street tumbled on the prospect of a global recession and a meeting of Group of 20 leaders concluded with few concrete proposals to tackle deepening economic concerns. A ...
Read moreNov 17 - G-20 Disappoints the Markets, US Dollar Short-Term Forecast Nov 14 - ECB Expect to Cut as Price Pressures Alleviate Nov 13 - Forecast for the German Economy Nov 12 - Short-Term Forecast for USD/CAD Nov 10 - DailyFX Analysts Correctly Bet On ...
Read moreChina will remove export taxes on 102 items including steel products, corn and barley from December 1, the government said, as it strives to shore up exports amid the global economic troubles. It will cut export taxes on another 54 items such as ...
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