Bank of England: Gertjan Vlieghe named as new MPC member

Chancellor George Osborne has announced that Gertjan Vlieghe, a senior economist at hedge fund Brevan Howard, will replace David Miles on the Bank of England’s monetary policy committee.

Will China's slump sink Europe's recovery?

Markets across the region fell sharply on Monday after a horror plunge on China's key indexes. Shares in Germany and France lost more than two percent.

Federal Reserve Accidentally Leaks Secret Documents

WASHINGTON, July 24 (Reuters) - Staff economists at the Federal Reserve expect a quarter-point U.S. interest rate increase this year, according to forecasts the Fed mistakenly published on its website in a gaffe that drew criticism about its ability to keep secrets.

WTO strikes 'landmark' IT trade deal

The World Trade Organisation (WTO) has struck a "landmark" deal to cut tariffs on $1.3 trn (£838bn) worth of technology products.

Bank of Japan Only Imagines Inflation

It's too bad the central banking profession has no Hippocratic oath. If it did, Haruhiko Kuroda would've known better than to harm Japan's reflation regimen by saying prices are about to "accelerate considerably."

Is the government still behind the banking ringfence?

The general election was only10 weeks ago and already the big banks have scored two major lobbying triumphs. In round one, chancellor George Osborne revamped the bank levy in a way that will save HSBC about £700m a year.

Greek banks reopen as Tsipras eyes return to normal

Greeks queued outside banks on Monday as they reopened three weeks after closing to stop the system collapsing, the first cautious sign of a return to normal after a deal to start talks on a new package of bailout reforms.