European Central Bank governing council member Ignazio Visco told CNBC that the central bank is "technically prepared" to introduce negative deposit rates.
China's annual industrial output growth quickened to 9.3 percent in April, recovering from a seven-month low hit in March but still missing market expectations, data showed on Monday.
Standard Chartered's asset quality is deteriorating and investors are miscalculating risk in the loan book of the British lender, according to Carson Block, founder of U.S.-based short seller Muddy Waters Research.
The company said at least one reporter gained access to data on Goldman Sachs after complaints were made. The NYT reports.
Mayor Bob Filner sees the border as a potential economic engine for the region, a remarkable shift in a city once viewed as a hotbed for illegal immigration.
The editor in chief apologizes for letting reporters access the activity of Bloomberg Terminal users.
Criminals are increasingly using expensive artworks — bought and sold in secret and with little regulation — to hide ill-gotten profits, the authorities say.
What goes up must come down. This is finally holding true for the resilient Australian dollar that has begun to show weakness.
China's decision to ease a boycott of some $11 billion in Airbus jet orders followed a high-level appeal from the planemaker.
Police officials said that most of the victims did not have life-threatening injuries, and that three suspects were seen running from the scene.
U.S. Bond market vigilantes have already forced a de facto policy shift to tighter credit conditions, writes Michael Ivanovitch.
Administration officials said private donations were needed because Congress had provided much less money than President Obama requested to publicize the new law.
Some of the world's leading hedge funds are pouring money into the Greek banking sector in expectation of huge potential returns. The Financial Times reports.
The Internal Revenue Service’s special scrutiny went beyond keyword hunts for organizations with “Tea Party” or “patriot” in their names, to a more overtly ideological search.