U.S. President Barack Obama said on Sunday he would push world leaders this week for a reshaping of the global economy in response to the deepest financial crisis in decades. In Europe,
World stocks retreated further from last week's 11-month high on Monday as lower commodity prices and caution ahead of a Federal Reserve meeting and G20 summit prompted investors to trim risky trades.
The U.S. Federal Reserve is close to proposing wide-ranging rules on bankers' pay that would apply to any employee able to take risks that could threaten the safety and soundness of the
With world stocks already having recouped two-thirds of their 2008 losses, any wavering of policymakers' commitment to a super-loose fiscal and monetary policy framework could rock investor faith in the rally. Next
Global equities came under pressure on Friday after having scaled an 11-month peak as investors took stock of recent hefty gains, giving the downtrodden dollar a reprieve and shoring up government bonds.
Britain's top share index hauled itself back into positive territory by midday on Friday, searching for a sixth straight session of gains, as investors sought comfort in defensive issues and took profits
Pay policies for bank employees across the United States would require approval from the U.S. Federal Reserve as part of a proposal to curb risk-taking at financial institutions, The Wall Street Journal
The stars have aligned for gold prices, leaving them just a short hop from record highs, but as bullion bugs celebrate, the rally appears to have flaws. Prices have been swept along
Britain's Lloyds Banking Group said it was in talks over scaling back or cancelling its participation in a state-backed scheme to insure it against credit losses. Lloyds is discussing a reduction in
U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.2 percent and Nasdaq
