Financial Eyes & Ears

SEOUL (AFP) – Private markets on which North Koreans rely heavily for necessities have been paralysed since the communist state’s shock currency revaluation last week, a report said Wednesday.

DUBAI (AFP) – Dubai share prices closed 6.39 percent weaker on Wednesday and Abu Dhabi shed 2.

GENEVA (AFP) – Unemployment in Switzerland soared to a five-year high of 4.

FRANKFURT (AFP) – The German car giant Volkswagen and Suzuki of Japan announced on Wednesday an alliance which one analyst said could accelerate restructuring of the global automobile industry.

DUBLIN (AFP) – Recession-ravaged Ireland is to unveil a four-billion-euro (5.

WASHINGTON (AFP) – The US Supreme Court on Tuesday examined controversial graft law in a case that has given a former Enron boss and the disgraced Anglo-Canadian media mogul Conrad Black hope for another day in court.

WASHINGTON (AFP) – US business lender CIT Group said Tuesday it won court approval to emerge from bankruptcy this week under a pre-packaged reorganization plan.

BRUSSELS (AFP) – European Union staff said on Tuesday that they will strike next week for their right to pocket an inflation-busting 3.7 percent pay rise which member states say shows double standards.