The U.S. government said on Wednesday it will start keeping more cash on hand for when it can't tap debt markets, a measure that could help it pay bills during a natural disaster or a cyber attack.
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Stocks swept lower as bonds, dollar struggle to steady
World financial markets were unsettled again on Thursday as a week-long sell-off in benchmark government bonds, stocks and the dollar, and a race up in oil prices, was compounded by UK election uncertainty.
Wary of bond 'cliff,' Fed plans cautious cuts to portfolio
The Federal Reserve is sketching out plans to prevent an abrupt contraction in its massive balance sheet next year, when some $500 billion in bonds expire and risk disrupting markets and the U.S. economic recovery.
Hong Kong securities regulator set to finalize new dark pool rules: source
Hong Kong's financial watchdog is set to finalize new rules on so-called "dark pools" within the next few days, a source familiar with the regulator's thinking said on Thursday.
Euro zone March retail sales weaker than expected
Euro zone retail sales were weaker than expected in March, data showed on Wednesday, turning negative on a monthly basis for the first time since last September.
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U.S. stocks ended weaker on Wednesday after U.S. Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout.
Federal Reserve Chair Janet Yellen on Wednesday said high equity valuations could pose potential dangers but that stability risks across the U.S. financial system remained in check.
Rupert Murdoch-controlled Twenty-First Century Fox Inc (FOXA.O) reported a 1.2 percent rise in quarterly adjusted revenue, helped by growth in its cable network business and the box office success of "Taken 3" and "Kingsman: The Secret Service".
Tesla Motors Inc (TSLA.O) Wednesday reported a wider first-quarter net loss, but outperformed expectations and stuck to key milestones for the year ahead despite pressure on margins.
U.S. private employers added 169,000 jobs last month, the fewest since January 2014 and far below economists' expectations, a report by a payrolls processor showed on Wednesday.
Euro zone businesses started the second quarter with healthy growth as a buoyant order book again encouraged them to hire more, a survey showed on Wednesday.
A worldwide sell-off in government bonds deepened on Wednesday, with the rise in long-term borrowing costs to their highest level this year spreading unease across all assets and putting stock markets under pressure too.
Greece's euro zone partners are not discussing the prospect of the country leaving the currency union and might offer concessions to Athens' original bailout program, Portugal's finance minister said on Tuesday.
China has put in place rules to protect private investors and expand opportunities in infrastructure and utility projects, the country's top planning agency said on Tuesday, as the government seeks help revitalizing a stuttering economy.
