In less than a month crude oil, which some saw hitting 200 dollars a barrel by year-end, has plunged 32 dollars but a rebound could happen, for example, over the Iranian nuclear crisis, analysts say

BRUSSELS, August 6, 2008 (AFP) - The European Commission said on Wednesday that the EU will connect its carbon trading market to the United Nations version by December at the latest.

VIENNA, July 31, 2008 (AFP) - The Vienna and Tokyo stock exchanges signed a memorandum of understanding on Thursday for furthering cooperation between the two markets, the Vienna exchange said in a statement.

Tokyo exchange director Atsushi Saito and his Viennese counterpart Michael Buhl signed the agreement in Tokyo, a spokeswoman told AFP.

MOSCOW, July 25, 2008 (AFP) - Russia's benchmark RTS index on Friday hit a four-month low amid investor concern over a threatened probe into metals firm Mechel and a bitter shareholder dispute at British-Russian oil venture TNK-BP.

The RTS index dropped 4.76 points to 1,969 at midday (0800 GMT), falling through the 2,000 points marker for the first time since March.

NEW YORK, July 24, 2008 (AFP) - New York state officials Thursday filed civil fraud charges against UBS, accusing the Swiss banking giant of marketing certain kinds of adjustable bonds as 'safe' investments.

WASHINGTON, July 24, 2008 (AFP) - US regulators Thursday accused Dutch trading firm Optiver Holding and two of its units with manipulating the oil market in a scheme that netted about one million dollars.

WASHINGTON, July 22, 2008 (AFP) - US Treasury Secretary Henry Paulson warned Tuesday that more time will be needed to get past the current financial turmoil and called for better regulation to prevent a recurrence.

TOKYO, July 22, 2008 (AFP) - The Tokyo Stock Exchange was forced to suspend derivatives trading for several hours Tuesday due to a computer system glitch, the latest in a series of technical problems at Asia's largest bourse.

TOKYO, July 22, 2008 (AFP) - The Tokyo Stock Exchange said Tuesday it had suspended futures and options trading due to a computer system glitch, the latest in a series of technical problems at Asia's largest bourse.

TOYAKO, July 8, 2008 (AFP) - Leaders of the Group of Eight powers said Tuesday that 'serious strains' remained on global financial markets, despite improvements in recent months.