The yen scaled a one-month high against the dollar on Monday, as heightened worries about the health of the global economy continued to shore up the safe-haven Japanese currency.
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BoA oil analyst who predicted downturn now sees floor
As Iraqi militants advanced on Baghdad with M-16s and stolen tanks in June, most investors and traders in the jittery oil markets believed oil prices would spike even higher.
U.S. regulators press banks for more on auto loan exposure to assess risks
U.S. regulators are asking banks for more detail on their autos financing exposure, as rapid growth in the lending has prompted officials to seek to better assess the risks, according to a person familiar with the matter.
Privately, Saudis tell oil market: get used to lower prices
Saudi Arabia is quietly telling oil market participants that Riyadh is comfortable with markedly lower oil prices for an extended period, a sharp shift in policy that may be aimed at slowing the expansion of rival producers including those in the U.S. shale patch.
U.S. banks ramp up credit card lending but margins may suffer
As traditional Wall Street moneymakers like stock and bond trading suffer, banks are growing increasingly willing to invest in less glamorous operations: their credit card businesses.
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China's export and import performance in September easily beat forecasts, with imports showing unexpected buoyancy, helping to ease concerns about deteriorating domestic demand in the world's second-biggest economy.
Policymakers scrambling to keep the world economy from settling into the "new mediocre" of sluggish growth can no longer rely on global trade to do the heavy lifting.
France and Italy will keep pressure on Germany this week to use government money to revive the euro zone's stagnating economy but in a sign of inertia, a promised list of projects to create growth will not be ready until December.
Inside an abandoned movie theater on a noisy avenue in a working-class section of Havana, some 70 Cuban children as young as nine pursue their dream of joining the circus.
Singapore public transportation operator SMRT Corp Ltd is considering an 800 million pound ($1.3 billion) takeover bid for unlisted British taxi company Addison Lee, Sky News said on Saturday.
Fiat Chrysler Automobiles (FCA) makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.
South Korea and China agreed to extend an existing swap agreement worth 64 trillion Korean won or 360 billion yuan by three more years, the Bank of Korea said in a statement on Saturday.
Female central bankers from Ukraine and its bitter rival Russia took the stage together in Washington on Saturday and described differing fallout from the conflict in eastern Ukraine.
Lafarge (LAFP.PA) and Holcim (HOLN.VX) are about to request approval from the European Commission for their planned merger, Lafarge Chief Executive Bruno Lafont told reporters on Thursday.
