A former Swiss banker faces up to five years in jail after pleading guilty to dodging US taxes.
European leaders agreed on new steps to fight youth unemployment and promote lending to credit-starved small business on Thursday after deals on banking resolution and the long-term EU budget.
Britain's finance minister George Osborne unveiled his plans for another round of government spending cuts on Wednesday as he tried to keep his deficit reduction drive on track despite stiff opposition to his policies.
Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10 billion), betting on TV and fixed-line services in its biggest deal since 2007.
Bondholders in the U.S. alone would lose more than $1 trillion if yields leap, showing how urgent it is for governments to put their finances in order, the BIS said.
Middle-class protesters marching for the first time say the challenge for Brazilians is to keep alive the political spirit that was awakened in the last week, after decades of apathy.
Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.
The European Union will seek on Friday to forge rules to force losses on large savers when banks fail, a sensitive reform that could shape how the euro zone deals with its sickly banks.
Japanese PM Abe said on Tuesday G-8 leaders expressed strong support for his "Abenomics" economic policies and heard no concerns about Japan's super easy monetary easing.
Hong Kong's central bank said on Tuesday that its investigation into possible benchmark rate manipulation has been extended to include HSBC and a number of other banks.
Singapore's central bank censured a record 20 banks on Friday after it found more than 100 traders in the city state tried to rig key borrowing and currency rates.
Two days of accommodation at a lakeside golf hotel in Northern Ireland don't come cheap- and Britain has irritated its fellow Group of Eight states by sending them hefty advance bills for the summit it is hosting there.
OPEC predicted world oil demand will grow more quickly in the rest of 2013, indicating the group can keep pumping more oil than the ouptut target it set out last month.
British house prices rose at their fastest pace in nearly three years in May, a survey showed on Tuesday, as policies aimed at kick-starting the market attracted new buyers.
The Obama administration is under pressure from large corporations and a senior U.S. senator to revisit oversight of Chinese corporate audits at upcoming summit meetings.
Despite cooling of talks between Austria and Poland about a possible merger of their two stock exchanges, CEO of the Warsaw index has given his strongest hint yet that a deal is drawing closer.
Tesco, the world's third-biggest retailer, slipped back to an underlying sales decline in the U.K. in the first quarter, raising doubts about a costly recovery plan for its home market.
Sell in May? They certainly did in emerging markets. But unlike in the old adage, they are likely to sell in June and July too.
Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.
Spain's rising political star is a 61- year-old former Socialist whose message of changing the system from within is drawing voters.