The PBOC's call on the lenders to give priority to first-time home buyers when allocating credit marks a policy shift for the government.
China's president says the economy must adapt a "new normal" in growth. That means Beijing is unlikely to step in with broad stimulus measures.
French bank Societe Generale reported a 13.3 percent drop in first-quarter net income as it booked a 525 million euro ($731 million) writedown on its Russian business as turmoil in Ukraine persists.
Chief executives in some of Europe's biggest banks saw huge gains in their pay packets in 2013, data compiled exclusively for CNBC reveals.
The dollar struggled against the yen and Swiss Franc as rising tensions in Ukraine offset optimism about U.S. economic growth.
After the tech sector's brutal selloff and this year's strong run for utility and healthcare stocks, investors are now eyeing a shift into "cyclical" names.
The dollar fell on Friday after U.S. non-farm payrolls showed job growth necessary for the Fed to wind up its asset purchasing program.
Credit Agricole aims to lift net profit by 60 percent to over 4 billion euros ($5.56 billion) in 2016, the French bank said on Thursday.
The yen heads for its biggest weekly gain in more than a month against the dollar, on tensions in Ukraine and the Chinese economy.
European stocks closed mixed on Wednesday, with worse-than-expected jobs data slightly weighing on the U.K.'s FTSE 100.
Green bonds have taken off over the last year, with more than $10 billion issued in 2013 alone and $25 billion expected in 2014.
Gold settled higher, posting its biggest weekly gain in six months as a series of weak U.S. data this week raised fears about economic growth.
Indonesia reported a surprisingly large trade surplus for November which could give the central bank room to keep its benchmark rate unchanged.
Goldman Sachs may be one of the last firms standing as a rocky romance between Wall Street and raw material markets turns sour.
Some of the world's biggest banks have been hit with a 1.71 billion euros ($2.3 billion) fine for interest rate-rigging by traders.
European stock markets closed narrowly higher on Friday.
French banking group Societe Generale reported third quarter net profit of 534 million euros on Thursday, below expectations in a Reuters poll of 583 million euros.
A number of finance firms face billions of euros in fines next month from European Union regulators for colluding on global benchmark interest rates.
South Korea's currency reserves hit a record high in October, a clear sign that Seoul is determined to prevent a sharp appreciation of the won.
After a partial government shutdown and a near-miss on a potential debt default, why doesn't the U.S. get treated like an emerging market?