European Stocks Climb after Ifo, Eye Weekly Gain
European stock markets traded mostly higher on Friday, recovering from small losses seen the prior day, as…
Japanese Stocks Eye 2013 Peak as Dollar Breaks above 101 Yen
Japanese stocks scaled six-month peaks on Friday as the yen took a spill, while other Asian markets lagged as…
Sinopec Oil Pipeline Blast Kills 22 in Eastern China: Media
An explosion in a Sinopec Corp oil pipeline killed 22 people in Qingdao in eastern China on Friday, causing a blaze…
EBRD Steps up Lending to Arab States Hit by Unrest
The European Bank for Reconstruction and Development (EBRD) aims to invest up to 800 million euros next year in key…
Euro Near 4-year High against Yen, awaits German Ifo
The euro hovered near a four-year high against the yen and rose against the dollar as investors positioned for a…
Egypt is in Official Mourning as Misery Piles up
In Egypt, misery just keeps piling on and, fittingly, the nation is officially in mourning. Political violence and…
Egypt Court Sends 38 Al-Azhar Students to Jail
Cairo Misdemeanor Court sentenced Thursday 38 Al-Azhar University students to one year and a half in jail for…
Saudi Prince Alwaleed Says Obama Lacks Coherent Policy
Prince Alwaleed bin Talal, the billionaire investor and member of Saudi Arabia’s royal family, said President…
Italy, Spain Face Budget Scrutiny as Euro Ministers Meet
Italy and Spain will defend their 2014 spending plans at a meeting of euro-area finance ministers today, risking a…
Acer Founder Returns to Computer Maker After Record Loss
Acer Inc. (2353) founder Stan Shih returned to run the company he started in 1976 after a record loss and the…