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  • Stocks steady but NZ dollar surges after small rate cut Thursday, 23 Jul 2015 | 4:57 AM ET

    TOKYO— Global stock markets were mostly higher Thursday after Greece passed another bailout hurdle and New Zealand cut interest rates. Britain's FTSE 100 gained a slight 0.03 percent to 6,669.35. KIWI FLIES: The New Zealand dollar, also known as the Kiwi, jumped as much as 1.2 percent after the country's central bank cut interest rates by a...

  • Dollar slides on weak data; investors await Fed Tuesday, 17 Mar 2015 | 3:22 PM ET
    A man walks by a euro sign light installation in Vilnius, Lithuania, on Dec. 31, 2014.

    The dollar fell for a second straight day against major currencies, pressured by weak US economic data as the Fed started a two-day policy meeting.

  • WASHINGTON, March 12- Commerzbank AG has agreed to pay U.S. authorities $1.45 billion to resolve sanctions violations, the latest big European bank to acknowledge moving funds through the U.S. financial system for countries like Iran and Sudan. Commerzbank is the latest in a series of big foreign banks that have been penalized for sanctions-related...

  • France's third-largest listed bank said that it would also propose that Xavier Musca, currently one of several deputy CEOs, be appointed second executive director. The mutuals are eager to tighten their grip on CASA after it suffered heavy losses on acquisitions in Greece and Portugal that went sour in recent years under Chifflet's leadership.

  • Credit Agricole taps regional exec Brassac as new CEO Tuesday, 24 Feb 2015 | 1:38 PM ET

    PARIS, Feb 24- Credit Agricole said Philippe Brassac, a senior executive at its network of regional mutuals, would become chief executive after Jean-Paul Chifflet's steps down in May. France's third-largest listed bank said that it would also propose that Xavier Musca, currently one of several deputy CEOs, be appointed second executive director.

  • European shares finished higher with investors reacting to a slew of earnings and ongoing negotiations surrounding Greece's bailout program.

  • Credit Agricole sees CEO decision by end next week Wednesday, 18 Feb 2015 | 12:50 AM ET
    A pedestrian passes a Credit Agricole SA bank branch in Rodez, France.

    Credit Agricole has given itself until the end of next week to decide on a new CEO, the French bank said.

  • Coming soon: Capital controls in Russia? Tuesday, 16 Dec 2014 | 10:32 PM ET

    With Russia's emergency rate hike failing to arrest the ruble's meltdown, authorities may soon be forced to roll out capital controls, say analysts.

  • Europe ends mixed; Petrofac loses 26% Monday, 24 Nov 2014 | 11:34 AM ET

    European shares closed mixed, as sentiment was boosted by speculation of more credit easing in the euro zone and positive data from Germany.

  • Why the stock connect may give yuan a boost Monday, 10 Nov 2014 | 12:08 AM ET
    Why the stock connect may give yuan a boost

    Dariusz Kowalczyk, Senior Economist & Strategist at Credit Agricole, says the HK-Shanghai trade link will fuel a rise in China's capital inflows, underpinning strength in the renminbi.

  • Europe closes lower after US job data, Ukraine fears Friday, 7 Nov 2014 | 11:59 AM ET

    European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.

  • Is time running out for France's President? Friday, 7 Nov 2014 | 5:00 AM ET

    French President Francois Hollande suggested he will not stand for re-election if the country's unemployment rate remains high.

  • Europe closes mixed after ECB's Draghi speech Thursday, 6 Nov 2014 | 11:41 AM ET

    European shares closed mixed on Thursday, after ECB President Mario Draghi hinted as to the possibility of further aggressive stimulus measures.

  • French banks warn on country's 'difficult' economy Thursday, 6 Nov 2014 | 2:33 AM ET

    Societe Generale highlights results in a "difficult environment" while rival Credit Agricole criticizes "lack of coherence."

  • Europe markets close sharply higher; banks lead Friday, 31 Oct 2014 | 12:42 PM ET

    Europe shares ended the day higher after the Bank of England outlined tougher leverage rules for banks and the Bank of Japan upped stimulus measures.

  • Is China's export boom fake? Tuesday, 28 Oct 2014 | 11:26 PM ET

    Exports are regarded as the bright spot in China's slowing economy, but growing evidence suggests firms are "over-invoicing" outbound shipments.

  • China GDP data: Five key takeaways Tuesday, 21 Oct 2014 | 1:50 AM ET

    China's third quarter gross domestic product report delivered an upside surprise, helping calm investor nerves over the faltering global recovery.

  • Should you chase the Treasury rally? Thursday, 16 Oct 2014 | 3:57 AM ET

    Market volatility may look scary and safe-haven Treasurys may be rallying, but investors shouldn't chase them higher, analysts said.

  • Has the yuan become a 'safe haven' trade? Wednesday, 8 Oct 2014 | 11:54 PM ET

    The U.S. dollar's bull run has been a headwind for Asian currencies in recent months, but one outlier is swimming against the tide: the Chinese yuan.

  • China stocks choppy in post-holiday trade Wednesday, 8 Oct 2014 | 6:04 AM ET

    Chinese stocks wavered between gains and losses on Wednesday, the first trading session after a week-long holiday closure.