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Top global banking official warns of virtual currency risks

Feb 6, 2018

A top international banking official says that central banks should be prepared to intervene to prevent virtual currencies becoming a threat to financial stability

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German industry wage deal lifts pay, enables flexible hours

Feb 6, 2018

Germany's biggest industrial union and employers have reached a deal on wages and working hours, ending a dispute that prompted a campaign of 24-hour walkouts last week

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ASEAN renews calls for durable solution to Rohingya crisis

Feb 6, 2018

Southeast Asian foreign ministers have renewed calls for a durable solution to the Rohingya crisis in Myanmar and affirmed the need to enhance trust to resolve the South China Sea dispute.

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Draghi: too early to call time on money-printing stimulus

Feb 5, 2018

European Central Bank head Mario Draghi says it's too soon to declare victory over excessively weak inflation _ indicating it's too early to set a definite end date for the bank's money-printing stimulus despite a strengthening recovery

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ECB experts: US tax law could erode Europe's tax base

Feb 5, 2018

Economists at the European Central Bank say that the U.S. corporate tax cut should lift the world's largest economy in the short term but could erode the tax base in European countries by intensifying global competition for lower rates

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EU official warn US on trade: EU will hit back if needed

Feb 4, 2018

A senior European Union official is renewing a warning that the 28-nation bloc will hit back if U.S. President Donald Trump takes trade measures against it

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Tax issue pushes Deutsche Bank to third straight annual loss

Feb 2, 2018

Deutsche Bank, Germany's largest, is reporting its third straight year of net losses due to a 1.4 billion-euro charge resulting from new U.S. corporate tax legislation

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Global markets mixed after Fed keeps rate unchanged

Feb 1, 2018

Global markets are trading mixed after the Federal Reserve left its benchmark interest rate unchanged

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Asian markets mixed after Fed keeps rate unchanged

Feb 1, 2018

Asian markets mixed, Tokyo gains while Chinese markets decline after Federal Reserve leaves benchmark interest rate unchanged

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Startup hub reflects Macron's changing French economy

Jan 31, 2018

Paris startup hub Station F is part of what President Emmanuel Macron hopes is a fundamental shift in the French economy

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