LONDON If central banks have learned anything from the Great Financial Crisis, the worst since the 1930s, it is that you don't need runaway inflation to raise interest rates. Financial market bubbles should be enough.
LONDON Left-leaning policies may have done well with voters in Britain and France recently but in Italy it is the centre-right which is on a roll, securing big gains in mayoral polls this weekend before national elections due in less than a year.
LONDON UK-based investors who bought shares on the country's main stock index the day after the Brexit vote one year ago could be forgiven for wondering what the fuss is all about. Foreign investors could tell them.
LONDON For years the options market that companies and investors use to hedge against big swings in currencies viewed the euro as a bigger political and structural risk than Britain's pound.
BEIJING/SINGAPORE/LONDON Some of China's top oil refineries are having to take the highly unusual step of cutting operations during what is typically the peak demand summer season when hot weather drives up power usage and families take to the road during school holidays.
NEW YORK/HONG KONG China's stocks took a major step towards global acceptance on Wednesday, finally winning a long campaign for inclusion in a leading emerging markets benchmark, in what was seen as a milestone for global investing. | Video
SHANGHAI Business confidence in Asia rose to a three-year-high in the second quarter of the year, propelled by a slew of favorable economic data across the region and easing concerns over the health of China's economy, a Thomson Reuters/INSEAD survey showed.
(This version of the June 20 story corrects figure to trillion from billion in paragraph 13)
LONDON Almost a year after the tide turned on an unbroken three-decade decline in world bond yields, stubbornly low wage growth and inflation and central bank hesitancy suggest any rise in ultra-low borrowing costs will be far slower than many had feared.
LONDON Private equity firms have used buoyant debt markets to take almost $3 billion in special payouts from European portfolio companies so far this year, quadrupling the same period in 2016.
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