Australian shares plummet 2.3 per cent
Australian shares tumbled Tuesday following steep losses on Wall Street. The ASX 200 index lost 2.3 per cent, falling 118 points to 4,866. Falls were across the board.

Australian shares plummet 2.3 per cent

German producer prices hit 27-year high
German producer prices surged to a 27-year high in July, the country's statistics office said Tuesday, further reducing the prospects of the European Central Bank (ECB) delivering a cut in interest rates. Annual producer prices in Europe's biggest economy climbed by 8.9 per cent last month to record the fastest rise since October 1981...

German producer prices hit 27-year high

Fortis customers to grill board in Amsterdam
Dutch-Belgian bank Fortis is to hold a series of "informative meetings" for customers concerned about the bank's financial health. The first meeting, for Dutch customers, is to take place in Amsterdam on Monday evening, followed by similar meetings in Brussels on August 20 and 21. A spokeswoman for Fortis Netherlands told...

Fortis customers to grill board in Amsterdam

Nikkei falls due to selling in real-estate sector
Japan's key Nikkei 225 Stock Average on Thursday fell below the 13,000 level for the first time in a week due to heavy selling in the real estate sector. The Nikkei index declined 66.25 points, or 0.51 per cent, to close at 12,956.8. The broader Topix index of all first-section issues was also down 7.55 points, or 0.61 per cent, to...

Nikkei falls due to selling in real-estate sector

Nikkei fall more than 2 per cent on weak economic data
 Japan's key Nikkei 225 Stock Average fell more than 2 per cent Wednesday on weak gross domestic product data and an overnight drop in the US market. The Nikkei index dove 280.55 points, or 2.11 per cent, to close at 13,023.05. The broader Topix index of all first-section issues also fell 24.94 points, or 1.96 per cent, to...

Nikkei fall more than 2 per cent on weak economic data

Pakistan stocks plunge 2 per cent on energy stock selling
Pakistan stocks dropped by over 2 per cent on Tuesday due to heavy selling in energy stocks following weaker earnings of a large state-owned oil firm, traders said. The main KSE-100 Index was down by 208 points to close below 10,000 points at 9,963 as traders anticipated that falling international oil prices would put further pressure...

Pakistan stocks plunge 2 per cent on energy stock selling

Malta invites tenders for state shipyards
The Maltese government formally launched Monday its bid to privatize the Mediterranean island's state-controlled shipyards by inviting tenders. Fourteen international entities, including US and Norwegian companies, had already expressed interest in the shipyards, Finance Minister Tonio Fenech said. The government also renewed its...

Malta invites tenders for state shipyards

Stocks end higher on Wall Street's rise, weak yen
Tokyo stocks ended higher Monday on mainly export-oriented issues on the back of a weak yen and Wall Street's gains before the weekend. The Nikkei 225 Stock Average surged 262.5 points, or 1.99 per cent, to close at 13,430.91, the highest since July 24. The broader Topix index of all first-section issues was also up 20.07 points,...

Stocks end higher on Wall Street's rise, weak yen

Vietnam sells 550 billion of planned 1 trillion dong bond issue
Vietnam's government found buyers for 555 billion dong (33.5 million dollars) in new bonds Friday, out of a planned bond issue of 1 trillion dong. The Hanoi Stock Exchange announced Friday evening that the government had sold 500 billion dong in three-year bonds at a yield of 17.5 per cent. It sold 55 billion dong in five-year bonds...

Vietnam sells 550 billion of planned 1 trillion dong bond issue

Lithuanian inflation eases to 12.2 per cent
Lithuania's annual inflation eased to 12.2 per cent in July, down from an 11-year high of 12.5 per cent in June, the Department of Statistics reported Friday. Rising inflation, coupled with slower growth, is increasingly clouding the economic prospects for the small nation, once known as one of the "Baltic Tigers" along with...

Lithuanian inflation eases to 12.2 per cent
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New BMW-6 Series Coupe and convertibleNew BMW-6 Series Coupe and convertible
   BMW has launched a convertible and new coupe of the 6-Series featuring several advanced drive technologies and driver assistance safety systems. Both the coupe...

New BMW-6 Series Coupe and convertible