If the world's biggest central banks were actually coordinating a global monetary policy, they could scarcely do a better job of convincing financial markets right now.
Regions
China cuts key short-term money rate as Beijing pushes down cash costs
China's central bank lowered the yield for a key short-term money rate on Tuesday, the fourth time it has done so this year, as regulators step up efforts to reduce funding pressure for Chinese companies.
BOJ Kuroda, unfazed by yen falls, signals readiness to ease more
Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank's readiness to expand stimulus further to meet its price goal, standing firm in the face of criticism that last month's monetary easing has accelerated unwelcome falls in the currency.
GM president: U.S. economy holding up, other regions slowing or soft
General Motors Co President Dan Ammann on Monday said he expects "more of the same" next year from a U.S. auto market that has been growing slowly, while he is bracing for continued soft demand in other parts of the globe.
U.S. services sector activity grows, November rate slows: Markit
The U.S. services sector expanded in November at a slower rate than the previous month as growth in new business slowed, an industry report showed on Monday.
Latest News
United Technologies Corp (UTX.N) Chief Executive Officer Louis Chenevert has retired immediately and is being replaced by the company's finance chief, the diversified U.S. manufacturer said on Monday, an abrupt change that caught Wall Street off guard.
Asian shares gave back some of their China-inspired gains on Tuesday, while oil prices slumped ahead of this week's OPEC meeting.
An advanced malicious software application has been uncovered that since 2008 was used to spy on private companies, governments, research institutes and individuals in 10 countries, anti virus software maker Symantec Corp said in a report on Sunday.
EU lawmakers will likely vote on Thursday on a motion proposing the break-up of Google (GOOGL.O) and other Internet technology companies, increasing political pressure on the bloc’s antitrust regulators to take a stronger line on the group.
An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries.
Gap Inc (GPS.N) has struck a deal with Europe's largest dedicated online fashion retailer Zalando (ZALG.DE) to sell its core brand from next May, hoping to reach more consumers, particularly in markets where it has no physical stores.
RenaissanceRe Holdings Ltd (RNR.N) said it would buy fellow Bermuda-based reinsurer Platinum Underwriters Holdings Ltd (PTP.N) for about $1.9 billion to boost its U.S. business.
U.S. automotive parts maker Visteon Corp (VC.N) has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp (018880.KS) to a local private equity firm for $3.6 billion, Korean media reports said.
Last month the Bank of Japan announced aggressive easing of its monetary policy and shocked the global financial markets.This led to the yen hitting fresh lows against the dollar. The weakening of the yen is believed to reverberate through the Asian markets.
