- There is a growing chance the European Central Bank may extend its stimulus programme beyond September 2016, owing to concerns a sharp fall in commodity prices and a recent rally in the euro will keep inflation subdued, a Reuters poll showed.
MANILA/MUMBAI - A fall in global gold prices from their seven-week highs failed to spur physical demand in Asia this week, with premiums in major consumer India slipping, as prospective buyers held off purchases until some stability emerges.
SHANGHAI - At the height of the 2008 financial crisis, as Wall Street slashed jobs, Beijing took advantage of the disarray to poach top Chinese financial talent from overseas to help reform its stock markets.
BEIJING - China has been so surprised by the global reaction to its currency devaluation that it is likely to keep the yuan on a tight leash in the near-term to head off a currency war that could spark a broader financial crisis, policy insiders say.
LONDON - A bruising 48-hour sell-off in global stocks driven by fears of slowing growth has rocked market confidence in central bankers' ability to fight deflation, restore economic health and keep a six-year-old bull run going.
LONDON - Plunging commodity prices are testing the viability of emerging currencies' long-standing pegs to the dollar, with some already abandoned as countries balk at the cost of clinging to fixed exchange rates.
ABUJA - Nigeria's economic growth slowed sharply in the second quarter as lower crude prices took their toll on Africa's biggest economy and top oil producer.
BERLIN - Germany's export exposure to China, for years a source of economic strength, is fast turning into a risk that raises questions about the health of other sources of growth in Europe's largest economy.
LONDON - Bankers still hope to float scores of companies on Europe's shell-shocked stock markets in coming weeks, unless a summer selloff sparked by China's economic woes extends into September.
LONDON - Euro zone bond yields fell back on Wednesday as the market euphoria from China's rate cut ebbed and investors feared more stimulus may be needed to halt a slowdown in the world's second largest economy.
Europe Market Reports
Americas Market Reports
Asia/Pacific Market Reports
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