The UK's markets regulator has fined Bank of America Merrill Lynch a record $20 million for failing to report transactions properly.» Read More
Singapore's central bank surprised markets with a between-meeting easing amid nearly non-existent inflation, decking the city-state's currency.
Big changes are coming in 2015 for the industry that's growing exponentially. Expect mutual funds and hedge funds to jump into the fray.
With quantitative easing on the cards, Europe's already low interest rates are set to fall, but some believe the continent offers the best bond returns.
Switzerland's stock market dived after its central bank de-pegged its currency from the euro, but it's not time to bargain hunt yet, analysts said.
French bank Societe Generale decides to split the top job and appoint Italian economist Lorenzo Bini Smaghi as the group's chairman.
Sharply lower oil prices are widely hailed as a positive for most Asian markets, but that hasn't slowed fund outflows or raised growth forecasts much.
The euro extended losses into a sixth straight day to trade near a nine-year low, as investors bet the ECB was getting closer to adopting QE.
The euro hit another nine-year low against the dollar on Wednesday, after data for the euro zone revealed that prices were falling in the region.
Oil prices sank to fresh 5-1/2-year lows extending losses after a 5 percent plunge in the previous session.
Computer algorithm-led hedge funds produced stellar returns last year, beating most gut-driven human money managers.
Hong Kong's derivatives market is thriving as foreign funds prevented from using the HK-Shanghai trading link look for a back door to access China stocks.
It's been two years since Japanese PM Abe swept to power on his promise to bring the stricken economy back to life. How far has he gotten?
China's stock market has soared to multi-year highs since the PBoC cut interest rates, as investors anticipate more aggressive easing steps to come. The Financial Times reports.
European shares closed higher on Wednesday, after banking stocks with a heavy exposure to Russia pared losses and energy stocks rebounded.
Frédéric Oudéa, CEO of Société Générale, says it is in the common interest of the European Union, Russia and Ukraine to resolve the conflict.
The Russian central bank's rate hike further threatens financial stability in the economy and is unlikely to put a floor the Ruble or stocks.
Brent crude oil slipped below $62 a barrel, its lowest since July 2009, on persistent concerns over global supply glut and a sluggish demand outlook.
Japan Prime Minister Abe's election gamble is expected to end in a respectable, if not landslide, victory, but some are concerned the bid may fail.
Some of Wall Street's biggest players are ready to write billion-dollar checks to finance a nearly $16 billion Gulf Coast natural-gas project.