The Latest Breaking News on Economy

London (AFP) - Eurozone stocks and the euro slid on Thursday as the European Central Bank warned of more interest rate hikes and a possible recession to get a grip on soaring inflation.

European Central Bank intensifies its fight against inflation but euro falls under parity with the dollar

In the past, the government and the Bank of Japan have directly intervened in foreign exchange markets by selling or buying yen when there have been excessive movements in the yen's value.

Hong Kong (AFP) - Most markets enjoyed a rare advance on bargain-buying Thursday, tracking a Wall Street rally after a series of losses, while dovish comments on future interest rate hikes by Australia's central bank boss provided a boost to sentiment. 

Hong Kong (AFP) - Most markets enjoyed a rare advance on bargain-buying Thursday, tracking a Wall Street rally after a series of losses, while dovish comments on future interest rate hikes by Australia's central bank boss provided a boost to sentiment. 

Europe is going to see higher interest rates

Hong Kong (AFP) - Most Asian markets enjoyed a rare advance on bargain-buying Thursday, tracking a Wall Street rally after a series of losses, though the dollar resumed its upward march with the Federal Reserve expected to announce another bumper interest rate hike.

More rate hikes are in store and the case for a slower pace of tightening grows stronger, the Reserve Bank of Australia's governor says.

Bill could be higher than cost of bank bailout after 2008 financial crash, expert warns