Asia shares rise on US data

Asian shares rose on Monday as encouraging U.S. job and consumer data reinforced views that the world's largest economy is steadily recovering, fuelling a move into riskier assets and out of safe havens like the yen. European stocks .FTEU3…

Oil rises in Asia

Crude-oil futures continued rising in Asia Monday amid higher regional equities on the back of continued dollar weakness and signs of an economic recovery. On the New York Mercantile Exchange, light, sweet crude futures for delivery in…

Greece says won't need foreign help

Greece will not need foreign help to deal with its debt problems, central bank governor George Provopoulos said in a German newspaper interview released Monday. Provopoulos told the Financial Times Deutschland (FTD) that solid demand for a…

Earthquake hits eastern Turkey

A strong earthquake, with a preliminary magnitude of 6, hit eastern Turkey on Monday, killing at least 41 people and knocking down houses in at least six small villages, the government said. The quake affected villages near the town of…

Government asked to increase taxes on alcohol

Sheikh Dr Amin Bonsu, Chief Executive Officer of Amen Scientific Herbal Hospital, has called on the government to increase taxes on alcoholic beverages and tobacco products in the country. He said the move would deter the youth from…