ECB Signals Possible Rate Cut, Bond-Buying Extension
European Central Bank President Mario Draghi signaled that the bank could cut interest rates or expand its giant bond-buying program as soon as its next policy meeting in July, sending stocks higher and the euro lower against the dollar.
Fed Policy Makers Debate Rate Cut
Officials conferring at this week's policy meeting could weigh prospects for U.S.-China trade progress at the G-20.
Stocks Gain, Yields Slip After Dovish ECB Speech
European stocks reversed early losses and bond yields dropped after European Central Bank President raised the possibility of fresh stimulus for the eurozone.
Saudi Arabia Can't Earn Its Way Out of Trouble
It would take a lot more black gold to keep Saudi Arabia out of the red.
Saudis to Back OPEC Output Cuts, Despite Tanker Attacks
Saudi Arabia is set to push for OPEC to cut oil output in the second half of the year, as signs of slowing global demand for crude outweigh threats of war and worries about supply disruptions in the Middle East.
Cerberus Hunts for Yield in Mongolia
New York-based Cerberus Capital Management is in talks to make its first investment in Mongolia as part of a broader push into the world's riskiest markets.
Plan for a Xi-Kim Summit Boosts North Korea-Linked Stocks
Shares in Chinese construction and travel groups rose ahead of a visit by President Xi Jinping to North Korea, on hopes of closer economic ties between the two countries.
Talking Markets: Will China Unearth New Weapon in US Trade Row?
As the poker game over trade between the U.S. and China drags on, Beijing has a potential trump card to play: restrict exports of rare-earth metals.
Australia's RBA Sharpens Focus on July Rate Cut
The Reserve Bank of Australia expects further cut in interest rates would be needed given the amount of spare capacity in the job market and to reverse a downward drift in inflation.