Banking And Credit

Draghi: eurozone economy 'resilient' despite trade slowdown

Nov 16, 2018

European Central Bank head Mario Draghi says that slowing trade is proving to be a drag on the eurozone economy but says the expansion remains "resilient" as consumers at home remain willing to spend and unemployment falls

US Treasury sanctions 2 Singapore firms for NKorea dealings

Oct 26, 2018

US Treasury sanctions 2 Singapore firms for alleged North Korea dealings, money laundering

European Central Bank sticks to plan to end stimulus

Oct 25, 2018

The European Central Bank says it is staying on course to wrap up its 2.5 trillion euro ($2.85 trillion) stimulus program at the end of the year

Deutsche Bank 'on track' for 1st full-year profit since 2014

Oct 24, 2018

Deutsche Bank saw net profit fall 65 percent to 229 million euros ($262 million) in the third quarter but CEO Christian Sewing says the bank made progress cutting costs and would be profitable for the full year for the first time since 2014

Asian shares climb on strong US corporate earnings, data

Oct 17, 2018

Asian shares climb as strong US corporate earnings, data calm concern about softening growth

European Central Bank confident in plan to remove stimulus

Oct 11, 2018

Top European Central Bank officials expressed confidence at their last meeting that inflation is trending toward levels more consistent with a strong economy after 2.5 trillion euros ($2.9 trillion) in bond-purchase stimulus

World stocks slide after IMF trims economic outlook

Oct 9, 2018

World stocks mixed as IMF trims economic outlook with rising interest rates, trade tensions

Asian stocks mixed after IMF downgrades economic outlook

Oct 9, 2018

Asian stocks retreat as IMF downgrades economic outlook

Inquiry's report criticizes Australian banking misbehavior

Sep 28, 2018

Government inquiry's interim report criticizes Australian banking misbehavior

Asian shares rebound on strong US economic data

Sep 28, 2018

Asian markets are mostly higher as strong U.S. economic data supported the Federal Reserve's recent move to raise interest rates

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