One in Three Economists See 2014 BOE Rate Increase

Expectations the Bank of England will begin increasing interest rates in 2014 surged over the past month after Governor Mark Carney cautioned that investors were underestimating the risk, according to a Bloomberg survey.

ECB's Coeure says bank's measures are not a 'panacea'

(Reuters) - Policy measures announced by the European Central Bank are not a "panacea" for the European economy, ECB Executive Board member Benoit Coeure told a Greek newspaper in an interview published on Saturday.

Portuguese bank fears hit stock markets

Stock markets on both sides of the Atlantic were rattled on Thursday on fears that the suspension of shares in Portugal's third largest bank could lead to a run on the eurozone's debt-ridden banking sector.

India budget: Arun Jaitley unveils reform plans

India's new government is lifting some caps on foreign investment, tightening borrowing limits and plans to introduce a goods and services tax as part of what it calls a "budget for growth".

Portugal Leads Drop in Euro-Area Bonds on Espirito Santo Concern

Portuguese government bonds led a decline in the region’s higher-yielding sovereign securities as shares in the nation’s financial institutions dropped after some companies missed payments on short-term debt.

Vatican bank clean-up wipes out profit for 2013

The Vatican bank has seen its 2013 profit almost wiped out largely due to a clean-up process which has seen it end relationships with 3,000 customers.

Angela Merkel Brings German Business Leaders to China

Beijing: German Chancellor Angela Merkel met the Chinese premier on Monday and hailed ties between the two sides as she led a large business delegation on a visit to promote trade with the Asian economic giant.