After New Zealand set the bar high with a surprise rate cut that sent its currency tumbling, expectations for a fresh shot of stimulus from the European Central Bank on Thursday pushed down the euro and government bond yields.   With London's FTSE, the DAX in Frankfurt and the CAC40 in...

Five of the largest American investment banks in 2015 surpassed their competitors from Europe by almost all financial indicators. Revenue of US investment banks last year amounted to $ 138.5 billion, meanwhile revenues of European – to $ 60.1 billion. The total pre-tax profit of US investment banks...

MarketWatch’s financial columnist Brett Arends believes that the economic program of presidential candidate of the United States Donald Trump is a path that might lead to debt crisis. Basing on Congressional Budget Office calculations, US Tax Policy Centre and the US Internal Revenue Fund, he in...

China plans to ensure the growth of its economy to 6.5-7% this year against 6.9% in 2015, said Prime Minister of the State Council of China Li Keqiang, speaking on Saturday in a speech at the session of National People's Congress (NPC), the country’s legislature. The Chinese government's policy...

Warning of a “gathering storm” which has long been brewing, the Bank of International Settlements has said that a fragile calm in global financial markets has given way to all-out turbulence.   Investors were concerned governments around the world were running out of policy options, warned...

As a weak global demand hits growth and yen rises weigh on imported fuel costs, sources close to Japan’s central bank and people familiar with its thinking say that the bank is expected to cut its economic and price forecasts for next fiscal year at a quarterly review in April.    Less...

Even as uncertainty and instability in the global economy continue to pose a risk to the country's growth, China's top economic planner said on Sunday that China's economy isn't headed for a hard landing and isn't dragging on the global economy.   While pushing hard to create more jobs and...

While voicing concerns over sub-zero interest rates and emerging economies, the Bank for International Settlements (BIS) said on Sunday that the financial markets' shaky start to the year shows they are losing faith in the "healing powers" of central banks.   The recent worries over China's...

Wall Street strategists claim that a major bubble in the market just burst for the bears.   Better-than-expected U.S. data and a stable Chinese yuan has led to a popping of the global "negativity bubble," and that could drive equities significantly higher in March, said UBS' Julian Emanuel...