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(MENAFN - AFP) European banks took up almost twice the amount of cheap loans analysts had predicted in a second round of European Central Bank refinancing, data showed Thursday, which could signal good news for businesses and households in need of credit.

The ECB said it had agreed to lend 45.3 billion euros ($51 billion) to 249 banks in the eurozone through its so-called ...

(MENAFN - AFP) European lenders took up almost twice the amount of cheap loans that analysts had predicted in a second round of European Central Bank refinancing, according to data released Thursday.

In a move suggesting banks may be increasingly willing to lend to households and businesses, the ECB announced that it had agreed to lend 45.3 billion euros ($51 billion) to ...

(MENAFN - AFP) Japan's Mitsubishi Motors has recalled 47,800 cars in Russia to change their airbags made by Takata, the company at the heart of the biggest-ever safety recall in the industry.

A representative of Mitsubishi Motors in Russia told AFP in an emailed comment that the company is telling owners of Mitsubishi L200 pickups that it is necessary to change the airbag ...

(MENAFN - AFP) Japan's central bank has revealed yet another exotic weapon to generate growth, but sceptics say all it shows is that the armoury is empty and a long battle against deflation is being lost.

With the European Central Bank apparently set to embark down a similar path and the Federal Reserve treading very lightly, some analysts are saying the Bank of Japan's move ...

(MENAFN - AFP) European stock markets rallied Thursday, after solid gains in Asia, as the US Federal Reserve opted against lifting interest rates -- but signalled action later this year.

The Fed kept its benchmark interest rate unchanged for the sixth straight meeting, saying it needs to see a bit more sign of strength in the US economy.

However, Fed Chair Janet Yellen ...

(MENAFN - AFP) A crocodile handler known as the "Barefoot Bushman" was seriously hurt after being mauled by a massive creature while feeding it at an Australian wildlife park Thursday.

Rob Bredl, 66, was bitten by the 4.5-metre (14-foot, nine-inch) crocodile at Bredl's Wild Farm in Bloomsbury on Queensland state's central coast, the local ambulance service said.

He ...

(MENAFN - AFP) San Kay Khine stares at her burnt, scarred hands, her twisted fingers a reminder of her years as a child slave in Myanmar, one of thousands of young domestic workers feared to be at risk of exploitation and abuse.

The 17-year-old was rescued from a tailor's shop in Yangon this month where she and another girl from her village spent five years as housemaids.

There ...

(MENAFN - AFP) The sun has yet to rise over Lhasa, but dozens of colourfully dressed pilgrims are already gathered and reciting prayers at the entrance to Jokhang, the most sacred temple in Tibetan Buddhism.

Many of those gathered -- Tibetans and Han Chinese visitors -- say religion is flourishing under Beijing's rule, with adherents enjoying the freedoms they need to follow ...

(MENAFN - AFP) On a wind-blown hill in Palestinian territory, Elad Ziv, wearing sandals, a T-shirt and a Jewish skullcap, stands outside his home and speaks about the Old Testament's Book of Joshua.

Across the dry, rocky valley that slopes behind him, Fuad Maadi says he just wants his land back.

Both men have become embroiled in a drama which has now taken on international ...

(MENAFN - AFP) Global conservationists and policymakers meet in South Africa from Saturday to chart a way forward in the fight against escalating wildlife trafficking that could drive some species to extinction.

The plight of Africa's rhino and elephants, targeted for their horns and tusks, is expected to dominate 12 days of talks in Johannesburg on the Convention on International ...

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