European Central Bank President Jean-Claude Trichet said risk signals for financial stability in the euro area are flashing “red” as the debt crisis threatens to infect banks.
BusinessWeek.com — Finance
Concern that Grupo Financiero BBVA Bancomer SA may turn over cash to its Spanish parent has sparked a sell-off in the lender’s bonds that’s making them attractive to ING Groep NV and Aberdeen Asset Management Plc.
BusinessWeek.com — Finance
Russia’s central bank unexpectedly raised its overnight deposit rate, signaling it may refrain from tightening monetary policy again as price pressures ebb and the economic recovery remains shaky.
BusinessWeek.com — Finance
Asian stocks rose a second straight day, after the U.S. Federal Reserve signaled interest rates will remain low and metal prices advanced on bets Chinese demand will escalate, boosting confidence in a global economic recovery.
BusinessWeek.com — Finance
Asian stocks rose for a second straight day after the U.S. Federal Reserve signaled interest rates will remain low, and metals advanced on bets Chinese demand will escalate, boosting confidence in a global economic recovery.
BusinessWeek.com — Finance
China’s inflation held above 5 percent in April and lending exceeded analysts’ estimates, signaling that further monetary tightening may be needed to cool the fastest-growing major economy.
BusinessWeek.com — Finance
The Reserve Bank of India’s decision to double the magnitude of interest-rate increases signals it is ready to step up the battle against inflation even at the risk of damping the nation’s economic growth.
BusinessWeek.com — Finance
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