NEW YORK - The dollar surged to a three-week high and government bond yields rose on Thursday, one day after the U.S. Federal Reserve took a more hawkish tone in its assessment of the economy as it announced the end of its six-year bond-buying program.
FRANKFURT - Investors were spared immediate pain on Sunday after the European Central Bank's landmark banking health check did not force massive capital hikes amongst the euro zone's top lenders.
FRANKFURT - Roughly one in five of the euro zone's top lenders failed landmark health checks at the end of last year but most have since repaired their finances, the European Central Bank said on Sunday. | Video
LONDON - Investors gave a cautious thumbs-up to the European Central Bank's (ECB) health check of euro zone's banks on Sunday describing it as a step in the right direction rather than the final word on the state of the bloc's financial system.
FRANKFURT - European Central Bank Vice President Vitor Constancio sees a slight pick-up in demand for credit in the euro zone, he said on Sunday, counting on the ECB's landmark review of top euro zone banks and the recent stimulus steps to turn the economy around.
FRANKFURT - The European Central Bank is concerned about a lack of real growth in the euro zone economy, ECB Vice President Vitor Constancio said on Sunday.
FRANKFURT - The European Central Bank's landmark health check of the euro zone's 130 biggest lenders did not take into account possible deflation, ECB Vice President Vitor Constancio said on Sunday.
FRANKFURT - The European Central Bank's landmark health check of the euro zone's 130 biggest banks will help ensure the availability of credit, ECB Vice President Vitor Constancio said on Sunday.
DUBLIN - Twenty five euro zone banks failed a landmark health check of their ability to withstand another economic crisis with a capital shortfall of 25 billion euros at the end of last year, the European Central Bank (ECB) said on Sunday.
FRANKFURT - After putting the euro zone's top 130 banks through their paces, the European Central Bank will face a test of its own on Sunday - will its landmark health check succeed in convincing investors the region's lenders are safe?
BERLIN - Finance ministers and tax chiefs from 51 countries signed an agreement on Wednesday to automatically swap tax information, which Germany's finance minister said heralded the end of tax evasion via secret bank accounts.
PARIS/MILAN - France will cancel a multi-million-euro contract with a consortium led by Italy's Atlantia after scrapping the "ecotax" road toll the consortium was to collect, a junior minister said on Thursday.
BRUSSELS - Etihad Airways and struggling Italian carrier Alitalia have offered concessions in a bid to win European Union antitrust approval for the Abu Dhabi airline's plan to acquire 49 percent of Alitalia.