June 15 - The credit crisis has caused political and economic change across Europe, the Middle East and Africa this year. Here are some of the major changes. JANUARY 26: * REYKJAVIK - The ruling...
MUMBAI, Nov 17 - A global credit crisis that has felled large investment banks and prompted multi-billion dollar bailout packages is also hurting unlikely victims half a world away: small south Asian businesses dependent on microfinance.
The U.S. currency also fell against the British pound and the Swiss franc on prospects the credit crisis will hurt growth in the world's largest economy, prompting traders to add to bets on a Federal Reserve interest-rate reduction.
Feb 11 - Here are some key economic developments in Ireland in the past two years. - Irish house prices fall in March 2007 for the first time in five years, harkening the end of...
China's GDP has slowed, a sign the nation is feeling the effects of the global downturn. Now its tourism engine is sputtering, too
``It's time to start buying,'' said Hiroyuki Bando, chief manager for fixed income, equities and currencies in Tokyo at Mitsubishi UFJ Trust & Banking Corp. ``The economy will become weaker. Interest rates will go lower.'' ...
The music stopped early last year, when the housing bubble burst, triggering an economic slowdown in the all-important U.S. consumer economy, as house prices tumbled by 40 to 70 per cent where...
WASHINGTON, May 1 - The true dimensions of the U.S. credit crisis will become much clearer next week with the release of results from unprecedented government "stress tests" of the nation's 19 largest banks and...
* BOJ expected to announce new moves to ease credit crisis * Obama plan aims to help millions, stem foreclosures * South Korea c.bank says foreign debt burden not heavy * Germany eyes bank nationalisation...
U.S. crude oil traded at 20-month lows and key industrial metals slumped to a three-year bottom on Wednesday as analysts questioned the ability of governments to handle the global credit crisis...