Investors are piling into gold, seeking shelter amid concerns that a turn toward negative interest rates in some countries is threatening to destabilize the global financial system.
American banks have so far escaped the billions of dollars in fines that have been levied by U.S. and British regulators leading a global seven-year probe into interest-rate rigging. That is likely to change.
Rolls-Royce has slashed its full-year dividend 39%, the first cut in its shareholder payment since 1992, though investors embraced the lack of further bad news prompting shares to rise more than 12%.
The Bank of England said it is looking at ways to open its cash facilities to Islamic banks, a move that would make it the first of the world’s major central banks to offer such a service.
Investors comfortable with the volume car industry’s troubling economics could do worse than buy into Renault’s ongoing recovery.
While current U.S. economic data show no recession, market turmoil speaks to deeper problems and could spark a recession, writes WSJ chief economics commentator Greg Ip.
The eurozone economy made progress last year. But growth was modest despite a multitude of tailwinds that have now lessened.
A gusher of oil at Cushing, the delivery point for the U.S. benchmark crude-futures contract, has put extreme pressure on prices this week.
Mitsubishi UFJ Financial Group, Japan’s biggest bank, has a big enough cushion to survive market shocks.
Japan’s Suzuki is working to innovate and make more sophisticated, and pricier, vehicles as it battles rivals in India, its most important market.