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(MENAFN - AFP) US stocks fell in early trade Monday after Greece voters placed the leftist, anti-austerity party Syriza in power in a vote that could spell more turbulence for markets.

Traders shrugged off mostly forecast-beating results from a handful of medium-sized firms that launched a week in which nearly 150 Wall Street-traded firms turn in fourth-quarter earnings reports.

Thirty ...

 
(MENAFN - AFP) Alexis Tsipras, the 40-year-old leader of anti-austerity party Syriza, was sworn in on Monday as Greek prime minister, the youngest in 150 years.

Tsipras -- wearing a blue jacket and white shirt, characteristically without a tie -- also broke with tradition by taking a civil instead of a religious oath, pledging to "always serve the interests of the Greek people".

Tsipras' ...

 
(MENAFN - AFP) Oil prices fell Monday as the dollar rallied against the euro after the anti-austerity party Syriza swept to victory in Greece's general elections.

The dollar jumped to an 11-year high against the European single currency, making dollar-denominated crude more expensive for holders of the euro, dampening demand.

US benchmark West Texas Intermediate (WTI) ...

 
(MENAFN - AFP) German businesses are confident about the outlook for Europe's biggest economy, a new poll showed Monday, as a weaker euro and falling oil prices are set to boost the country's exporters.

Nevertheless, it was too early to predict the impact on German confidence of the elections in Greece, where the victory of a radical left anti-austerity party could reignite ...

 
(MENAFN - AFP) Greece's anti-austerity Syriza party moved fast to form a coalition government on Monday after its stunning election win that has put the country on a collision course with its international creditors.

Syriza and its 40-year-old leader Alexis Tsipras took 149 seats in the 300-seat parliament in Sunday's election, heralding a new mood of defiant anti-austerity ...

 
(MENAFN - AFP) Almost 200 million people in East Asia moved to urban areas in the decade to 2010, the World Bank said on Monday, creating a massive challenge to the region's planners.

About 36 percent of people in the region -- which under the World Bank's definition includes Northeast and Southeast Asia -- were living in urban areas as of 2010, up from 29 percent ten years ...

 
(MENAFN - AFP) Spain's recovering economy could grow as much as 2.5 percent this year if oil prices and the euro stay low, the economy minister said in an interview published Monday.

The government says its tough austerity measures have started to strengthen the economy, which officially emerged from recession in 2013 and grew an estimated 1.4 percent in 2014.

For 2015, ...

 
(MENAFN - AFP) German business confidence rose to its highest level in six months in January as the outlook for Europe's biggest economy continues to brighten, the Ifo economic institute said Monday.

Ifo's closely watched business climate index rose to 106.7 this month from 105.5 points in December, the think tank said in a statement.

It was the third monthly rise ...

 
(MENAFN - AFP) Colombia's Paulina Vega was crowned Miss Universe, beating out contenders from the United States, Ukraine, Jamaica and The Netherlands at the world's top beauty pageant in Florida.

The 22-year-old model and business student triumphed over 87 other women from around the world, and is only the second beauty queen from Colombia to take home the prize.

The ...

 
(MENAFN - AFP) For generations, traders and their colourful herds of mules and yaks were a lifeline for remote communities in the heart of Nepal's formidable and often dangerous Himalayas.

The traders bravely plied an ancient trail, ferrying salt, grains and other goods between neighbouring China's vast Tibetan plateau and Nepal's middle hills, a profession that endured for ...

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