Sunday, February 14, 2016
Questions are growing over the financial health of banks, particularly in Europe and the U.S., as they face a toxic mix of low economic growth, bad loans and squeezed earnings.
U.S. stocks ended a down week on a high note Friday, snapping a five-day losing streak on the strength of energy and financial companies.
Saturday, February 13, 2016
Japan's main stock index dived more than 5 percent Friday, leading other Asian markets lower, after a sell-off in banking shares roiled investors in Europe and the U.S.
Friday, February 12, 2016
Asian stocks shuddered again Thursday, led by sharp drops in Hong Kong and South Korea, which were catching up to global market turmoil after being shut for Lunar New Year holidays.
Thursday, February 11, 2016
European stocks were higher Wednesday ahead of testimony from the Federal Reserve chief that could either ease market turmoil or add to it. Asian markets mostly fell in a spillover sell-off from the previous day's losses on Wall Street.
Monday, February 8, 2016
Nobel laureate professor Muhammad Yunus Friday called for a global unity to launch a fight against wealth concentration in the hands of a few as it is a threat to peace.
Friday, February 5, 2016
Trade ministers from 12 Pacific Rim countries including the United States gathered Thursday in New Zealand for the ceremonial signing of a free-trade deal they say will significantly boost trade.
Most Asian stocks jumped Thursday, leading world markets higher as oil prices bounced back and weak U.S. economic data fueled investor hopes that the Fed would slow the pace of rate hikes this year. Japanese shares fell as the yen rose against the U.S. dollar.
Thursday, February 4, 2016
WELLINGTON, New Zealand -- Trade ministers from 12 Pacific Rim countries including the United States gathered Thursday in New Zealand for the ceremonial signing of a free-trade deal they say will significantly boost trade.
The economic recovery in the 19-country eurozone lost steam in January, a closely watched survey found Wednesday, a sign that the turmoil in global financial markets is beginning to weigh on business activity.