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ECB to keep monetary policy loose for as long as needed

The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday.
Ingrid Melander, Reuters
Posted on 5-17-2013 at 8:13 AM

EU bonus cap could hit 10 times as many London bankers

European Union officials will next week propose capping financial sector pay above 500,000 euros, accountancy firm PwC said on Friday, suggesting the world's most stringent curbs for the...
Huw Jones, Reuters
Posted on 5-17-2013 at 1:29 PM

In blow for India, S&P affirms negative rating outlook

Standard & Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a...
Suvashree Dey Choudhury and Shamik Paul, Reuters
Posted on 5-17-2013 at 7:46 AM

Japan PM sets targets in growth strategy tranche

The latest tranche of Japan's growth strategy will aim to triple infrastructure exports and double farm exports by 2020, as well as boost private investment, Prime Minister Shinzo Abe said...
Phil Wahba, Reuters
Posted on 5-17-2013 at 7:02 AM

Mihir Dange, Metals Options Trader, Amarok Capital

Gold slides to 4-week low as investors sidestep bullion

Gold hit a four-week low on Thursday, declining for a sixth straight day for the first time in more than four years, as investors spooked by recent price falls favoured other assets.
Jan Harvey and Clara Denina, Reuters
Posted on 5-16-2013 at 2:01 PM

UK trade may struggle to stand still after EU exit

ANALYSIS: As British Prime Minister David Cameron struggles to accommodate euro-skeptics in his own party, trade experts warn that quitting the European Union would force Britain not just...
Tom Miles, Reuters
Posted on 5-16-2013 at 8:43 AM

Euro zone faces cooling prices, falling imports

France pulled euro zone consumer inflation to a three-year low in April while imports fell 10 percent in March, as new data showed the depth of the bloc's downturn.
Robin Emmott, Reuters
Posted on 5-16-2013 at 8:31 AM

Japan's growth spurt shows benefits of Abenomics

Japan's economy expanded at a rapid clip at the start of the year, the first hard evidence that Prime Minister Shinzo Abe's sweeping stimulus is beginning to rouse consumers and businesses...
Tetsushi Kajimoto and Kaori Kaneko, Reuters
Posted on 5-16-2013 at 8:14 AM