World share markets up

World share markets up

World share markets climbed closer to record levels on Tuesday on expectations the European Central Bank will extend its easy monetary policy, while gold slipped to a one-month low following upbeat U.S. economic data. Wall Street’s S&P 500 hit a record high,...
Global Capital Market in doubt

Global Capital Market in doubt

Davos – The global capital market, having been spoiled over the years by ample liquidity, may be put to the test with the US Federal Reserve’s tapering of quantitative easing (QE) measures. Global business elites and government officials, pooling wisdom at...
Airbus delivers first A400M

Airbus delivers first A400M

European aircraft manufacturer Airbus has delivered its first A400M military transport plane to France. The handover ceremony took place at the Airbus Military plant in Seville, Spain, on Monday. The aircraft, the first of 50 ordered by France and one of a total of...

German investor morale brightens

German analyst and investor sentiment climbed more than expected in August, a leading survey showed on Tuesday, suggesting Europe’s largest economy is gradually regaining momentum after suffering a contraction in late 2012 and a weak start to 2013. The ZEW...
ECB Lowers Interest Rates

ECB Lowers Interest Rates

Europe’s interest rates have probably reached a bottom. Although the economy has been in recession since Q4 2011, the European Central Bank (ECB) hesitated until this morning to lower its main refinancing rate at which banks can borrow funds by a quarter...