The Euros consistent climbed has encouraged currency repatriation in Europe. The Euro gained traction and reached a two-year high against the US dollar this month, according to a report by Bloomberg.

Banking regulator banking asked the European Central bank for details on what qualifies as debt. Bafin, Germany's banking regulator, wants the European Central Bank (ECB) to provide more information about the type of debts lenders would qualify for, according to a report by Bloomberg.

Significant drops in stocks took place in Asia after the U.S. Federal Reserve Board pared economic stimulus.

Central banks of the Group of Seven nations made permanent a cash crisis mechanism to avoid financial pitfalls.

Investment banks Citigroup Inc. and JPMorgan Chase & Co. put their top London currency dealers after regulatory probe.

Sony Corp cuts yearly forecast amid losses incurred. Giant Japanese electronic exporter Sony Corp. cut its annual profit forecast, according to a report by Bloomberg.

BOJ raised gross domestic product to 1.5% but stopped short of projecting a potential 2% inflation within 2 years.

Venture capitalists pondered on costs for developing drones for commercial uses. Tim Draper, a venture capitalist, among others betted on the potential use of drones for commercial use in the US.

Bankers might be disappointed with Wall Street as firms would be setting aside more money for investors.

Facebook refused to boost frequency of mobile ads, which led to a 3% drop in sales. On Wednesday, Facebook Inc. displayed strong growth in the mobile advertising business.