Dollar drops as Fed’s Powell says rates near neutral

The dollar tumbled from two-week highs on Wednesday after Federal Reserve Chairman Jerome Powell said that interest rates are just […]

Pimco buys all of $3 billion UniCredit bond: sources

U.S. fund Pacific Investment Management Co has bought all of a $3 billion, five-year bond offered with a hefty return […]

Downgrade overshadows Italian bank Intesa’s strong stress test showing

Intesa Sanpaolo’s (ISP.MI) shares fell by more than 2 percent on Monday, as a Goldman Sachs downgrade outweighed a strong […]

SoftBank’s Son defends Saudi ties as kingdom-backed fund boosts profit

SoftBank Group Corp (9984.T) CEO Masayoshi Son on Monday condemned the killing of a journalist by Saudi security personnel, and […]

European markets choppy but little changed after Asian nerves show

European shares were little changed in choppy trade on Monday, as a four-day rally ran out of steam after investor […]