Fast-growing Stone Ridge Asset Management has poached execs from Credit Suisse, BNP Paribas and Morgan Stanley in recent weeks.» Read More
David Herro, CIO of International Equity at Harris Associates, says European banking stocks are well-positioned to perform better this year.
The IMF might include the Chinese yuan in its official basket of reserve currencies, but slowing growth in China is likely to limit the impact of the victory.
The greenback recovered as trading desks returned to full strength and underlying trends for its continued rise reappeared.
Despite hopeful local media reports and a weaker yen, Japanese companies won't be moving their factories back home anytime soon, analysts say.
Narendra Modi last month passed legislation allowing foreign players to increase their stakes in local joint ventures. The Financial Times reports.
Fast-growing but small stockbrokers in China may soon get caught up in a M&A spree triggered by Beijing's drive to modernize the financial industry.
Tech giant Samsung Electronics likely saw January-March earnings slip for the sixth straight quarter, but investors are betting on a rebound.
US oil closed up more than 5% after government data showed inventories rose for a 12th consecutive week.
Eurozone quantitative easing was launched to save the single currency bloc. But it may end up making it easier to break the eurozone apart, The Financial Times reports.
The U.S. dollar edged lower against a basket of major currencies on Friday after comments from Federal Reserve Chair Janet Yellen.
The dollar fell against a basket of major currencies after weaker-than-expected U.S. data combined with a robust survey of German business morale.
The euro extended gains against the dollar after surprisingly weak February retail sales data, recovering from an earlier 12-year low in Asian trade.
The euro extended its unrelenting fall, dropping 1 percent to below $1.06 for the first time in 12 years as the ECB's QE program hammered bond yields.
The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.
The dollar softened on Tuesday after touching an 11-year high against major currencies.
A New York banking regulator's probe of Barclays' forex business is holding up a settlement of currency rate-rigging allegations, the FT reports.
Flush with cash from the Bank of Japan's stimulus effort, lenders will keep on financing Japan Inc's expensive overseas acquisitions,analysts say.
Shunto, the "spring offensive" by Japan's trade unions, is making a comeback on behalf of Japanese workers asking for a pay raise, the FT reports.
A jump in homebuilder Kaisa's debt levels has left investors worried that leverage at other Chinese developers could be much higher than estimated.
French PM Manuel Valls declared he would ram a flagship economic reform bill through parliament by decree, exposing his government to a no-confidence vote.