Author : EW News Desk Team

The Federal Reserve on Wednesday said it would keep its stimulus policies in place until it is convinced that recent gains and improvements in the economy can be sustained...

Greek citizens and politicians on Wednesday praised the Cypriot parliament for standing up to its foreign lenders’ demands, with the government also set to lead a takeover of local...

China’s Suntech Power, once the world's largest solar panel producer, has been forced by its creditors to file for bankruptcy, reported Xinhua on Wednesday, after accumulating more than $2...

The European Union has reached a deal on the legal framework for a centralised banking supervisor that will have the power to directly bailout troubled banks. Under the deal,...

Chinese regulators appear to have issued a warning to North Korean banks, cautioning them to operate within their legal boundaries or risk harsh penalties from Beijing. According to a...

Saudi Arabia, the world's largest crude oil exporter, will begin exploratory drilling for shale gas sometime this year, said Oil Minister Ali Al-Naimi on Monday, with some estimates placing...

Cyprus lawmakers on Tuesday voted overwhelmingly against the bailout deal offered by the European Union and the IMF last Saturday, with one Member of Parliament denouncing the measures as...

Apple could increase its dividend payout by more than 50 percent to $16 billion this year, according to analysts surveyed by Bloomberg. The technology company, which announced its first...

Citigroup has agreed to pay $730 million to settle claims that it misled bondholders of its exposure to subprime mortgages and other high-risk securities during the financial crisis. Citi...

Nepal could eradicate poverty within the next 20 years if its poverty reduction rate continues on its current level of progress, said an Oxford University study published on Monday,...