Come Thursday, markets will be digesting a new round of manufacturing data from China, when HSBC releases the flash estimate of the PMI for August.
Jiang Lu is the proud owner of a 450 square foot apartment. She invested her life savings and took advantage of easier mortgages to buy her new home.
China's sharp credit growth slowdown in July may signal rising default risks in some parts of the economy, analysts said.
China's economy showed signs of softening, suggesting more policy support may be needed to keep growth on track as a property downturn worsens.
The amount of money flowing into China's economy slowed to the lowest level, adding to fears that a sustained recovery may be at risk.
Royal Bank of Scotland said that an independent Scotland could significantly increase its costs and have a material impact on its business.
U.K. authorities have announced plans to hit misbehaving bankers in the pocket, and could potentially demand the repayment of seven-year-old bonuses.
The ties between Britain’s banks and its economy have always been close, but they seem to have become even tighter in the post-banking bailout era.
The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.
European shares ended the day lower, as concerns about the impact of further sanctions against Russia weighed amid ongoing unrest in Ukraine.
Royal Bank of Scotland said it made a pretax profit of 1 billion pounds ($1.7 billion) in the second quarter, far better than analysts had expected.
China will lower its intervention in the currency market, reaching an understanding on an issue that has hurt ties between the U.S. and China for years.
Three of Malaysia's largest financial institutions are in talks to combine, which would create one of southeast Asia's biggest lenders by assets.
Overregulation in the US has spooked global banks. They are now looking beyond Wall St. as a major financial hub. What's next?
European markets closed lower on Wednesday, amid concern over the violence in Iraq.
Scotland could become a financial hub to rival Frankfurt and also double its wealth over the next 25 years, a new report claimed.
Europe's banks are under siege from digital disruption, according to a report out on Monday.
Japan's exports and imports tumbled in May, raising concern about the outlook for the country as it weathers a rise in consumption tax.
Retail sales missed expectations, and state unemployment benefits claims climbed higher than expected.
Subdued euro zone inflation data kept expectations of aggressive European Central Bank monetary stimulus alive, much of which is priced in.