Dhara Ranasinghe is an Associate Producer with CNBC.com, covering a range of topics including the global economy, financial markets and corporate news. Before joining CNBC, Dhara was a correspondent and sub editor with Reuters news agency in London and Singapore. She has reported on European Treasury markets, Asian economies and currency markets and edited company news stories. Dhara holds a Bachelor's degree in History from the London School of Economics.
European support for a China-led international bank reflects waning confidence in US leadership and a need for closer ties with Beijing, analysts say.
Emerging markets have a right to feel nervous before Wednesday’s Fed meeting. Any sign that rates will rise could spark a fresh bout of instability.
Short shocks to markets could occur frequently, the Bank of England said, as investors are warned to pay attention to trading in volatile times.