(Updates prices, adds quote, changes byline, dateline; previousLONDON) * EU summit may not yield meaningful outcome-analysts * Germany says euro bonds do not offer solution * But traders still wary of ...

(updates prices) * Sterling softer after inflation data * Hits 2-week low vs euro, down 0.3 pct vs dollar * IMF says BOE should ease policy through more QE LONDON, May 22 (Reuters) - Sterling fell sharply ...

Buy on the dips has been my personal mantra for the last 18 months. In roller-coaster stock markets, you don't want to buy at the top of the ride, but the bottom.The recovery is set to be a long, bumpy ...

The head of the International Monetary Fund has warned that the eurozone crisis could prolong the UK's recession while urging the Bank of England to take action to boost growth and reduce unemployment.In ...

* Berlin still opposed to eurozone bonds * Also against giving debtor nations more time to cutdeficits * France to press for common debt issuance at Wednesdaymeeting * Markets perk up, look for progress ...

* U.N. nuclear chief sees deal with Iran "quite soon" * OECD says euro debt crisis could derail global recovery * EU leaders meet on Wednesday to tackle debt crisis * U.S. crude stocks up, products ...

By Swati Bhat MUMBAI (Reuters) - The rupee hit a record low to the dollar for the fifth straight session on Tuesday, weighed down by large dollar demand from oil firms and weak global risk sentiment, especially ...

The Euro sculpture in front of the European Central Bank in Frankfurt. Europe came under mounting pressure to take action to boost growth as the OECD warned the eurozone crisis has worsened and poses the ...

MUMBAI (Reuters) - Demand for gold in India, one of the world's top consumers, stayed muted on Tuesday after prices in the local market rose as the rupee fell to a record low, increasing the cost of imports. ...

(Updates with official prices) * China signals willingness to promote growth * EU to hold informal summit on Wednesday * Coming Up: Euro zone consumer confidence, May; 1400 LONDON, May 22 (Reuters) - Copper ...

(Updates prices) * Euro adds to pressure on gold * Implats says losing platinum output; price falls * Coming up: U.S. April existing home sales; 1400 GMT By Amanda Cooper LONDON, May 22 (Reuters) - Gold ...

By Stanley White TOKYO (Reuters) - Fitch cut Japan's sovereign credit status on Tuesday to the lowest level among global ratings agencies as a political stalemate dims the chance that the country can curb ...

By Richard Hubbard LONDON (Reuters) - World shares gained for a second day on Tuesday as speculation grew that European leaders would agree on fresh action to tackle the region's debt crisis at an informal ...

Oil recoiled, hit by profit-taking and the stronger dollar on the eve of an informal meeting in Brussels where the eurozone's crippling sovereign debt crisis will top of the agenda.

UK households face a further 18 month-long squeeze on their finances according to the Organisation for Economic Co-operation & Development, while the International Monetary Fund said the Coalition should ...

* Equities rise on EU talk, China spending report * But scepticism over a deal keeps the euro under pressure * German bund futures ease as traders pocket profits LONDON, May 22 (Reuters) - World shares ...

Japan's sovereign rating was cut by one notch by Fitch on Tuesday as a political stalemate dims the chance that the country can curb its snowballing debt.

The debt crisis in the eurozone has left the average British household £18,000 worse off, it has been claimed.

* Fitch cuts Japan debt rating, outlook negative * OECD sees euro crisis threatening world recovery * Nasdaq to set aside $13 mln to resolve bad trades * Futures off: S&P 0.6 pts, Dow 9 pts, Nasdaq 4.5 ...

* Euro falls as little progress expected at EU summit * Yen falls as Fitch downgrades Japan ratings * Germany says euro bonds do not offer solution * But traders still wary of short squeeze potential in ...

* FTSEurofirst up 0.7 percent * Volumes light as rally fails to convince * Miners, autos lifted by China growth reports * Banks lag as markets await euro policymaker intervention LONDON, May 22 (Reuters) ...

By Manoj Kumar and Archana Narayanan REUTERS - India is weighing further steps to brake the slide in the rupee, which hit a new record low on Tuesday, including selling dollars directly to oil importers, ...

George Osborne, the Chancellor, has made a speech in London to go along with the International Monetary Fund's annual review of the UK economy. Here is the full text.

* U.N. nuclear chief sees deal with Iran "quite soon" * OECD says euro debt crisis could derail global recovery * EU leaders meet on Wednesday to tackle debt crisis * U.S. crude stocks up, products ...

UK households face a further 18 month-long squeeze on their finances according to the Organisation for Economic Co-operation & Development, while the International Monetary Fund said the Coalition should ...

(Updates throughout) * Euro adds to pressure on gold * Implats says losing platinum output; price falls * Coming up: U.S. April existing home sales; 1400 GMT By Amanda Cooper LONDON, May 22 (Reuters) - ...

(Recasts, add comments, details, pvs SINGAPORE) * China signals willingness to promote growth * EU to hold informal summit on Wednesday * Coming Up: Euro zone consumer confidence, May; 1400 LONDON, May ...

The International Monetary Fund has warned the British Government should ease austerity if the eurozone crisis triggers a fresh "shock" and pushes the economy deeper into recession.

(Repeats to remove typo in headline) * Sterling softer after inflation data * Hits 2-week low vs euro, down 0.3 pct vs dollar * IMF says BOE should ease policy through more QE LONDON, May 22 (Reuters) ...

REUTERS - The Reserve Bank of India (RBI) announced further measures on Monday to curb speculative trading in the foreign exchange market, but the move failed to halt the rupee's slide to another record ...

The Nikkei rose 1.1 per cent on Tuesday as bargain hunters picked up technology and exporters following last week's sell-off, which was prompted by concern about the Eurozone.

(Recasts after inflation data, IMF comments) * Sterling softer after inflation data * Hits 2-week low vs euro, down 0.3 pct vs dollar * IMF says BOE should ease policy through more QE LONDON, May 22 (Reuters) ...

TOKYO, May 22 (Reuters) - Private equity firm TPG Capital, seeking to invest in distressed Japanese assets,agreed to jointly buy bankrupt apartment developer Joint Corpwith property consultancy Savills. ...