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By Emma Charlton and Lukanyo Mnyanda, Bloomberg |
April 24, 2013
The euro’s 25% jump against the yen over the past six months underscores the rising pressure on European Central Bank President Mario Draghi to cut interest rates as the region’s exporters lose out to Japan.
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By Lindsay Fortado and Matthew Leising |
April 23, 2013
The U.K. Financial Conduct Authority has started an inquiry into how the so-called ISDAfix rate is set in British pounds.
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By Nikolaj Gammeltoft and Stephen Kirkland, Bloomberg |
April 19, 2013
U.S. stocks rose, paring the biggest weekly drop for the Standard & Poor’s 500 Index since November, amid better-than-estimated earnings and Group of 20 nation talks aimed at bolstering the global economy.
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By Meera Louis and Simon Kennedy, Bloomberg |
April 19, 2013
Global finance chiefs handed Japan leeway to reflate its stagnant economy by indicating its fresh round of monetary stimulus doesn’t contravene a pact to avoid a currency war.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 17, 2013
Global stocks fell amid losses in industrial metals and disappointing earnings from Bank of America Corp. and others. The euro weakened as Germany’s central bank chief Jens Weidmann reportedly said European policy makers may cut rates if needed.
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By Lindsay Fortado and Jim Brunsden |
April 16, 2013
Regulators will seek to eliminate conflicts leading to manipulation of benchmark lending rates while investigations into Libor fixing continue.
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By Tony C. Dreibus, Bloomberg |
April 15, 2013
Hedge funds and other speculators added to bullish gold bets as the metal slumped into a bear market and Goldman Sachs Group Inc. warned the retreat is accelerating after the longest rally in nine decades.
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By Bloomberg News |
April 15, 2013
China’s economic growth unexpectedly lost momentum in the first quarter as gains in factory output and consumption weakened, driving stocks and commodities lower on concern global expansion will slow.
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By Liam Vaughan |
April 14, 2013
Banks are leaving the panel that sets ISDAFix, the benchmark for the $379 trillion swaps market, as regulators probe suspected manipulation.
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By Bob Van Voris |
April 11, 2013
Three former employees of CDR Financial Products Inc. who cooperated with the government’s investigation into bond bid-rigging were given prison terms.
