LONDON U.S. Treasury 10-year yields were on course for their biggest monthly increase in more than a year on Wednesday as investors built up bets that the Federal Reserve will raise interest rates before the year is out.
LONDON Global investors cut their UK equity and bond exposure in August in the wake of Britain's vote to leave the European Union and sought out higher-yielding emerging markets in reaction to Western central banks' loose monetary policies.
LONDON European Union policymakers clashed on Wednesday over whether to cut a benchmark used by insurers to value billions of euros in liabilities to better reflect very low central bank interest rates.
BRUSSELS Euro zone inflation was stable in August, against expectations of a slight rise, as food, industrial good and services prices increased by less than in July, piling more pressure on the European Central Bank to act.
FRANKFURT European Central Bank money-printing has exposed the fault lines in Germany's banking system, forcing its sprawling network of lenders to rethink their business models and slash costs.
BERLIN German annual inflation slowed unexpectedly in August, preliminary data showed on Tuesday, suggesting price pressures in Europe's largest economy remain weak despite the European Central Bank's ultra-loose monetary policy. | Video
ZURICH Switzerland's central bank now owns more publicly-traded shares in Facebook than Mark Zuckerberg, part of a mushrooming stock portfolio that is likely to grow yet further.
WASHINGTON The U.S. job market is nearly at full strength and the pace of interest rate increases by the Federal Reserve will depend on how well the economy is doing, Fed Vice Chairman Stanley Fischer said on Tuesday.
TOKYO The Bank of Japan could consider buying foreign bonds as an option to weaken the yen, if government intervention in the currency market is deemed by the United States to be exchange rate manipulation, an adviser to Prime Minister Shinzo Abe said on Tuesday.
NEW YORK U.S. stock markets climbed on Monday while European share markets slipped in the wake of comments by top Federal Reserve officials that bolstered expectations for an interest rate hike by the U.S. central bank this year.