Author : EW News Desk Team

Following a criteria revision, credit ratings firm Standard and Poor’s has upgraded the ratings of several Chinese banks while a few top U.S. banks were downgraded. The new criteria...

Small business owners would hire and invest more if Washington offered a clearer plan for taxes and government spending, said a report by the Federal Reserve Bank of Cleveland...

South Korean President Lee Myung-bak will be donning thermal underwear over the winter period, in an attempt to persuade his citizens to make some sacrifices in order to conserve...

More than 2 million workers are planning a mass strike against the government’s pensions reform scheme, a figure that looks set to bring the UK to a standstill. The...

The United States and leaders of the European Union have met in Washington in an annual summit, with discussion and keen attention paid to resolving the debt crisis and...

The International Monetary Fund has yet to receive any funding requests from either Italy or Spain to avert their deepening debt crisis, said IMF Managing Director Christine Lagarde on...

A German higher regional court has overturned a ruling from a lower court judge, which had prevented investors in Germany from filing a lawsuit against credit rating agency Standard...

A quick preview of the key economic events for the upcoming week: A quick preview of the key economic events for the upcoming week: Last week’s failed German bond...

 A record 226 million shoppers turned up in stores across America over the Thanksgiving weekend. According to early estimates, bargain shoppers spent a total of $52.4 billion, the highest...

The Iraqi government has finalised a $17 billion deal with Royal Dutch Shell and Mitsubishi, as part of a joint venture to capture flared natural gas from the nation’s...