JPMorgan Chase & Co., HSBC Holdings Plc and Credit Agricole SA have been fined a total of € 485.5 million ($ 521 million) for manipulations with the European Interbank Offered Rate EURIBOR. Prior to this, the EU antitrust regulators carried out a five-year investigation, Bloomberg reported. The...

While Euro's bond yields dipped in line with U.S. peers as oil saw its first fall for five days, the region held firm on Tuesday, having seen a wild 3-cent swing in the wake of Italy's referendum.   After Europe's main bourses struggled into positive territory as bumper German data helped...

In the wake of Italy's outright rejection of proposed constitutional reforms in Sunday night's referendum, expectations that the European Central Bank (ECB) will announce a six-month extension of its massive, trillion-euro bond-buying program on Thursday.   ECB is...

Citi expects devaluation of the euro against the dollar by 7.5%. to the level of 0.98 euro to the dollar, in the next 6-12 months, the bank said in a report to investors. Now, it is around $ 1.06 per euro. Within three months, the bank's analysts expect a decline to $ 1.05 per euro, and then - for...

178,000 jobs were created in the US economy in November. The unemployment rate fell from 4.9% in October to 4.6% in November. This is the lowest figure since August 2007. Even before data of the Ministry of Labor was published, market of interest rate futures showed 100% probability of rising...

Data that upholds its ranking as the world's fastest-growing economy have been revealed by India once again. But as a cash squeeze engineered by Prime Minister Narendra Modi's government looks set to hit growth in the coming quarters, the South Asian giant may not able to retain that title for...

Masking concern about the protectionist leanings of U.S. President-elect Donald Trump and an OPEC-induced oil price rally, China's factories notched their strongest growth in activity in two years and Japanese firms' order books rose in November.   While activity in Japan's factories was...

According to a report published on Wednesday which warns that risks to global stability have spiked in the past six months, China, euro zone sovereign debt and the potential fallout from Brexit top the escalating list of concerns for the Bank of England (BOE).   "Vulnerabilities...

A senior economist is of the opinion that another banking crisis in Europe could be sparked off by this Sunday's referendum in Italy.   "In my view the biggest risk is actually for the banking sector, even more so than political risk, and there will be some political instability," Megan...