ALGIERS For years, debates in the OPEC conference room were dominated by clashes between top producer Saudi Arabia and arch-rival Iran.
In the aftermath of the 2008 financial crisis, the banking industry sought to address an ethics crisis with surveys, town hall meetings, appointments of overseers and mechanisms for employees to report malfeasance.
NEW YORK The Federal Reserve and Bank of Japan's actions last week have given a second wind to an alternative investment strategy that relies on cheap money and low market volatility to produce outsized returns.
LONDON Armenia does not often take the global financial spotlight but a routine rate cut by the tiny former Soviet republic this week marked a global milestone - the 200th case of policy easing worldwide since the start of last year.
LONDON Investors following the stock market maxim "Sell in May and go away" will be ruing that decision this year, after emerging market, Japanese and euro zone equities emerged as the biggest winners in the third quarter.
BERLIN Michael Stuebgen, a conservative member of the German parliament, was speaking with the head of a local savings bank recently about the European Central Bank's quantitative easing (QE) programme.
LONDON Emerging markets have lost their lustre for Big Pharma making drug firms ever more dependent on the United States for growth just as American anger over high medicine prices is building.
BUDAPEST Attila Behovits launched his street food business during hard times for Hungary but four years on, the economy - like demand for his traditional spicy sausages - is growing well.
LONDON Stocks and bonds are moving in lock-step more than at any time since the financial crisis, making life difficult for asset allocators and driving investors into the one asset guaranteed to bring zero return - cash.
FRANKFURT Long-term yield targeting, an innovative move now adopted by the Bank of Japan, would solve many of the European Central Bank's own problems but would probably raise even more, making the policy difficult to emulate.
Europe Market Reports
Americas Market Reports
Asia/Pacific Market Reports
- Gold: PRECIOUS-Gold rises as stocks slip, on track for weekly loss
- Oil Report: UPDATE 1-Oil prices down on profit-taking after two-day jump
- British Pound Report: UPDATE 1-Sterling anchored around $1.30, gains capped by BoE easing expectations
- US Dollar Report: FOREX-Swiss franc near 1-month high vs dollar as risk sentiment sours
- UK consumer confidence surges to pre-Brexit levels - survey
- U.S. close to suspending Syria talks with Russia as Aleppo battle rages |
- After military raid, India looks at more ways to pressure Pakistan
- Clinton says Trump may have violated U.S. law on Cuba
- Venezuela expects non-OPEC nations like Russia to join in output cuts
- New Jersey train rams into station, kills bystander, injures 114 others |
- China factories limp along, Japan inflation goes backwards
- Property, pensions deal big wealth hit to Britons born in 1980s
- Suing governments over terror no sure thing despite U.S. Sept 11 law
- Philippines' Duterte likens himself to Hitler, wants to kill millions of drug users