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23 May 2015 18:05

ECB's Draghi urges euro zone to unite for economic reform

European Central Bank President Mario Draghi has urged euro zone countries to unite in the task of reforming the bloc's economies, saying sharing sovereignty was an opportunity and not a threat.

  • 23 May 2015 18:05

    South Korea seeks deeper cooperation with Japan on China-led AIIB

    South Korea called on Saturday for deeper cooperation with Japan on a China-led development bank, while Japan remained cautious about the lender, which it and ally the United States have held back from joining.

  • 23 May 2015 15:50

    Yellen tone suggests choppiness for markets ahead

    U.S. stock investors have been enjoying an extended period of low volatility and steady gains, but with the Federal Reserve on track to raise interest rates this year and major indexes near records, the market could get a bit choppier in coming weeks.

  • 22 May 2015 07:40

    HSBC wins reversal of US$2.46 billion Household judgment

    A U.S. appeals court on Thursday reversed a US$2.46 billion judgment against HSBC Holdings Plc in a long-running securities fraud class action stemming from a consumer finance business it bought more than a decade ago.

  • 23 May 2015 02:14

    Fed's Yellen expects rate hike 'some point this year'

    Fed chair Janet Yellen said she expects the Federal Reserve to begin raising interest rates "at some point this year," saying delaying the long-awaited move risks the economy overheating.

  • 22 May 2015 00:47

    Japan takes food row with S Korea to WTO

    Japan took its food row with South Korea to the WTO concerning import bans and new testing procedures following the Fukushima nuclear plant disaster in 2011.

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