LONDON - The Bank of England is warning about potential irregularities in financial markets on a regular basis as it tries to address the problems that dragged it into recent market scandals, a senior BoE official said.
LONDON - The Bank of England is mindful of the strength of sterling but does not try to finesse the exchange rate, Deputy Governor Ben Broadbent said on Friday.
LONDON - Bank of England chief economist Andy Haldane said regulators around the world might need to develop more common rules for dealing with specific markets rather than take a country-by-country approach.
LONDON - Undaunted by Britain's deepest political uncertainty in a generation, stock investors are opting for firms active in the domestic economy over London-listed international groups.
BOSTON - CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The reason for the windfall: the soaring value of their stock awards.
LONDON - Britain leaving the European Union could result in a permanent loss of 2.2 percent of the country's gross domestic product by 2030, and the costs would not be offset solely by striking a free trade deal with its former partners, think tank Open Europe said.
LONDON - The Bank of England should be ready to cut interest rates to a record low if needed to stop inflation falling further than expected below target, the central bank's chief economist said on Thursday.
- If the opposite of a tantrum is a happy dance, then that's just what stock and bond markets performed on Wednesday after the Federal Reserve sounded less likely to act aggressively in raising interest rates than investors anticipated.
LONDON - The European Central Bank may well be printing money via its landmark government bond buying programme, but it could also be destroying some of the financial system's own printing presses in the process.
LONDON - Watchdogs leading a crackdown on mis-sold products across the financial services industry could find a case against a breed of high-fee investment funds known as "index huggers" difficult to prove.
Europe Market Reports
Americas Market Reports
- U.S.: US STOCKS-Wall St ends 4-day skid on late tech rally
- Brazil: STXNEWS LATAM-Eneva suspends debt-servicing payments for a month
- Canada: CANADA STOCKS-TSX drops as energy, financial shares lead losses
- Chile: STXNEWS LATAM-Chile's SQM plummets, trading halted after potash shakeup
- Mexico: Mexico stocks fall over 3 pct; lowest intraday level since April
Asia/Pacific Market Reports
- Gold: PRECIOUS-Gold snaps 7-day rally ahead of Yellen speech; set for 2nd weekly gain
- Oil Report: EXCLUSIVE-Creditors offer Puerto Rico's troubled utility $2 bln financing-sources
- British Pound Report: Sterling weaker on subdued inflation outlook, looming election
- US Dollar Report: FOREX-Dollar ends week lower after Yellen comments have muted impact
- Conservatives pledge 'seven-day NHS' services by 2020
- Diplomats and U.N. staff flee Yemen as Houthis target Aden |
- Iran, powers struggle to overcome disputes in push for nuclear deal |
- Crash pilot was psychiatric patient, planned big gesture - paper |
- Greek PM Tsipras says he seeks no rift with Europe
- Gunmen kill 15 in Nigeria during tense election |
- Crowds swell to bid farewell to Singapore's founder Lee ahead of funeral |
- Saudi blogger Badawi views survival of 50 lashes as miracle - magazine
- President Xi says China should not focus on growth rate only
- Somalia hotel siege ends, 14 dead - government