Frankfurt - Signs of confidence returning to share markets emerged Monday as stocks in Europe and Wall Street gained ground following solid rises across Asia.

By late afternoon trading, Europe's blue-chip Stoxx 50 was up 3.7 per cent at 2349 points as an element of calm characterized share trading amid signs of an easing in the global credit crunch.

Triggered by the surge in defaults in risky US mortgages, the credit squeeze has been a key factor in unleashing the recent round of world share market turmoil.

The pickup in global shares Monday also came after a tumultuous week on stock markets and with companies around the world continuing to roll out third-quarter corporate results.

Frankfurt - Signs of confidence returning to share markets emerged Monday as stocks in Europe and Wall Street gained ground following solid rises across Asia.

Washington - Seven new countries will be added to the United States' visa-waiver programme after meeting new security requirements aimed at reducing the threat of terrorism, President George W Bush announced Friday.

In about one month, citizens of the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Slovakia and South Korea will be able to visit the US for up to 90 days without obtaining a visa.

The admission was part of a long process that began some two years ago and has strained relations with US allies. Since the September 11, 2001 attacks on New York and Washington, the US has placed a variety of new security requirements on all foreign travellers.

Washington - Seven new countries will be added to the United States' visa-waiver programme after meeting new security requirements aimed at reducing the threat of terrorism, President George W Bush announced Friday.

In about one month, citizens of the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Slovakia and South Korea will be able to visit the US for up to 90 days without obtaining a visa.

Vienna - After years of roaring growth, eastern Europe's economies look increasingly fragile as the global financial crisis spreads.

European Central Bank action Thursday to ease a credit crunch in Hungary was a warning that the area from the Baltics to Bulgaria is ripe for spillover. Now analysts are speculating which country might be next to come under attack.