SHANGHAI/BEIJING - China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe.
SALZBURG, Austria - Further turbulence from China cannot be excluded in the next few months, Austrian Finance Minister Hans Joerg Schelling said on Tuesday and his German counterpart Wolfgang Schaeuble said the situation in China and Brazil would be discussed by G20 nations.
BRUSSELS - The European Union will support a U.N. deal to cap global warming only if the agreement is legally binding and includes regular reviews to ensure words translate into deeds, Europe's climate boss said on Thursday.
LONDON - Global regulators and central bankers have proposed a common tagging system for off-exchange derivatives transactions to spot more easily which banks could be at risk in a market crisis.
ANKARA - Expectations of a snap election in November are growing within Turkey's ruling AK Party, officials say, with its leadership emboldened by recent opinion polls and looking increasingly cool to the idea of a coalition government.
TOKYO - Japanese Finance Minister Taro Aso dismissed on Friday a call to set up a forum within the Pacific free trade negotiations to stop countries from manipulating exchange rates.
LONDON - Rules will soon be finalised forcing the world's top banks to hold enough liquid assets to cover between 16 and 20 percent of their liabilities, after industry lobbying failed to persuade regulators to relax the plan.
NEW DELHI - India and the United States will sign a tax information sharing agreement on Thursday, under a new U.S. law meant to combat offshore tax dodging by Americans, two Indian government sources and a source at the U.S. embassy said.
BRUSSELS - A Greek prime minister torn between accepting harsh bailout terms and a rebellion by the left wing of his party decides to call a referendum to break the political deadlock.
LONDON - An uneasy truce between market watchdogs and central banks, struck during the financial crisis, is showing signs of strain as they look for ways to tackle potentially extreme volatility in bond markets when interest rates start to rise.