LONDON Britain's jobless rate rose for the first time in almost two years at the end of 2017 and pay growth remained modest, keeping the Bank of England waiting for an acceleration in wages that would justify a new interest rate hike.
LONDON Euro zone business growth remained robust this month, with companies at their most optimistic in more than five years, a private-sector survey showed, despite indications higher prices and a stronger currency were taking a toll.
LONDON Euro zone business growth remained robust this month, with firms at their most optimistic in at least 5-1/2 years in a purchasing managers' survey, despite indications that higher prices and a stronger currency were taking a toll.
FRANKFURT A rise in euro zone bond yields and the value of the euro currency is a natural reaction to the bloc's strong economic performance and not an unwarranted market tightening, European Central Bank policymaker Vitas Vasiliauskas said.
LONDON Euro zone government bond yields edged up on Tuesday as market speculation swirled over the next European Central Bank chief at a time when monetary policy is the main threat for bond markets.
TOKYO The new Bank of Japan leadership won't be able to raise interest rates this year as the central bank missed the best opportunity to do so in 2017, former BOJ board member Sayuri Shirai said on Wednesday.
RIGA Corruption allegations that led to the suspension of Latvia's central bank governor on Tuesday may be part of a disinformation campaign aimed at damaging trust in the country and influencing October elections, its Defence Ministry said.
BRUSSELS Euro zone finance ministers on Monday chose Spanish Economy Minister Luis de Guindos to succeed European Central Bank Vice President Vitor Constancio in May, a move likely to boost the chances of a German becoming head of the ECB next year. | Video
NEW YORK Investors should brace for a possible replay of the 1987 stock market crash later this year, given this month's slump came against the backdrop of Federal Reserve interest rate hikes and rising inflation, Scott Minerd, Global Chief Investment Officer at Guggenheim Partners, said on Tuesday.
TOKYO The incoming Bank of Japan leadership looks similar to the one going out but its mission ahead will likely be much different - winding down extraordinary stimulus measures of the past five years and communicating how that will be done to the markets.