After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura Holdings is to pay up to $525 million for Lehman's Asia Pacific franchise and is...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura has agreed to buy Lehman Brothers' equities and investment banking business in Europe and...
Barack Obama's historic win saw pharmaceuticals and oil dragging down markets from an earlier spike. Markets believe a Democrat win is bad for pharmaceuticals ever since former president Bill...
Canadians can expect economic growth to grind to a near halt in the second quarter of the year because of the U.S. slowdown and the global credit crunch, the Bank of Canada said Thursday. - In...
South Korea's currency fell on Wednesday (October 8) to its lowest since the Asian financial crisis a decade ago, on fears the region's fourth largest economy could buckle under pressure...
Central banks around the world - including the Bank of Canada - have announced a co-ordinated plan to pump billions more into the financial system to ease the global credit crunch. The U.S....
What a difference a year makes! One year ago Wall Street was in party mode as the stock market reached all-new lifetime highs, but that was then....and this is now. The Dow has tumbled some 35...
Asia stocks were mostly lower on Thursday with investors continuing to weigh signs of a weak global economy. China Mobile was a major loser in Hong Kong. One investment bank downgraded the shares...
As food costs spiral and the price of rice soars to lifetime highs, Azmal Hussain in East London is getting ready to close one of his restaurants. SOUNDBITE: Azmal Hussain, Preem
European shares hit their lowest level since March 31 (2008) as leading U.S. stock market indexes fell in early trading. Royal Bank of Scotland lost 9.7 percent after saying results would be held...
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