Public sector salaries and pensions are set to increase by 15 per cent in April following an announcement by the newly-formed Egyptian government.
The mass protests across Egypt are having a negative effect on the country's economy as banks run out of money, petrol stations close down and tour operators suspend departures during one of the ...
Police fired tear gas and baton-charged thousands of people outside the Dhaka stock exchange, DSE, as angry investors took to the streets after the stock market dropped nine per cent in an hour.
The dollar dropped to a 15-year low against the yen Tuesday, after the euro hit its lowest level since November 2001.
The yen fell Monday in the Asian markets Monday, the day after Japan’s ruling party suffered a setback in parliamentary elections that could affect plans to cut the country’s debt.
Greek woes look set to continue as rating’s agency Moody's downgrades its status by four notches to "junk".
France, Germany and the Eurogroup of finance ministers are calling for a ban on derivatives - securities whose price is derived from one or more underlying assets.
Germany's exports recorded their sharpest drop in over 50 years in 2009, new data showed on Tuesday. But the bad news didn't seem to worry investors, who continued to push up European stocks for the second day in a row.