Emerging markets are just a few economic data releases away from seeing a 'flash flood' of funds returning to their battered shores, one strategist tells CNBC.
The U.K. banking regulator says it has reached a deal with 13 major banks and credit card issuers to compensate customers who were mis-sold credit card protection.
For those with the stomach for risk, the best return in the world may come from the troubled euro region because credit risk has bottomed and the region's recovery is for real, according to David Herro, Morningstar's international fund manager of the decade.
Lloyds Banking Group has sold about £500m of assets, raising hopes that the government might soon start selling down its stake in the state-rescued bank.
What do you prefer? The bad news that the Treasury clocked up a rare deficit in July, usually a month when the inflow of corporate tax receipts produces an overall surplus? Or the good news that the country's manufacturers are feeling their most chirpy since August 2011 according to the CBI?
Lawmakers and central bankers in India, Indonesia and Turkey are scrambling to contain the damage from falling currencies and to keep foreign investors from heading for the exits.
Large firms in Europe are losing over 130,000 jobs each year in IT, finance and other areas, as jobs are increasingly offshored to cheaper locations, meaning that by 2017, some 1.9 million European jobs will have disappeared, according to new report.
Topics at Warren Buffett's private dinner with Bank of America's Brian Moynihan 'very likely' included his $5bn investment in BofA, whose shares have more than doubled since Buffett's investment in August 2011.
It's early days. Mark Carney is still finding his feet as the new governor of the Bank of England. Financial markets get things wrong with stunning regularity.
Almost two thirds of Britain's financial services firms have raised salaries for their top employees to compensate for an incoming European Union cap on bonuses.
Oil prices have slumped by 5% after the latest attempt by Saudi Arabia to kill off the threat from the US shale industry sent crude to its lowest level since the depths of the global recession almost seven years ago.
A British exit from the EU would have a “shock and awe” impact on the UK which would see the economy shrink and the Northern Ireland peace process threatened, according to a report by one of the main pro-European campaign groups.
Britain’s manufacturers expect 2015 to be their worst year for growth since 2009 and next year will be little better, according to a survey which highlights the dilemma that the Bank of England faces as it considers whether to raise interest rates.