Bank of England governor Mark Carney (above) said on Tuesday  it would be “extremely foolish” to use more monetary stimulus to fight a temporary plunge in UK inflation caused by declining oil prices. The Bank of England has previously said it expects its next policy move to be a hike in interest rates from their current historic lows, which investors are betting will come early next year. File photograph: Chris Ratcliffe/Bloomberg

Sterling hit a seven-year high against the euro on Tuesday as traders bet on a divergent monetary policy path between the euro zone, where a €1.1 tril(...)

Janet Yellen, chair of the US Federal Reserve, is to face pointed questions on rate hike timing.

US stocks rose to records after Federal Reserve Chair Janet Yellen testified that inflation and wage growth remain too low for the central bank to ra(...)

Shares in Italy and Spain, heavily indebted countries that are seen as coming under market pressure if Greece were to leave the euro zone, outperformed

Greek stocks helped push a key pan-European share index to a seven-year high on Wednesday on fresh optimism that Athens would reach an agreement with (...)

A Greek flag flutters next to a statue of ancient Goddess Athena in central Athens February 10, 2015. The European Commission said on Tuesday that it had low expectations that meetings of euro zone finance ministers and EU leaders this week would produce a final agreement on Greece, which wants a restructuring of its debt. (Photograph:  Yannis Behrakis/Reuters)

Greek bonds and stocks bounced back on Tuesday ahead of an emergency meeting of euro zone finance ministers that some hope could be the first step to(...)

A market source told Reuters on Monday that a benchmark 30-year bond issue would typically be in the range of €1.5 billion to €2 billion

Ireland raised €4 billion at its first 30-year bond sale on Tuesday, drawing bumper demand even at record low interest rates and moving more than hal(...)

Mario Draghi, head of the European Central Bank (ECB), is seen in the newsroom to speak to journalists after a meeting of the ECB governing board in Frankfurt, Germany. Photograph: Hannelore Foerster/Getty Images

European government borrowing rates plummeted to record lows, the euro weakened to an 11-year low against the dollar and stock markets rallied after t(...)

A lightning strike is seen over skyscrapers as demonstrators gather outside the central government complex as they protest during a heavy rain storm in Hong Kong, China. Photographer: Lam Yik Fei/Bloomberg

China’s economy showed further signs of fatigue in November, with factory growth slowing more than expected and investment expansion hovering near a 1(...)

Sales of asset-backed securities will jump next year by the most since 2007, to €115 billion, Credit Suisse said in a separate note this month

Euro zone banks may have 1.28 trillion in loans eligible to be packaged and sold to investors, freeing up money to lend, according to Credit Suisse Gr(...)

JP Morgan Chase , HSBC Holdings and Credit Agricole, after months of delay, will answer a European Union antitrust complaint alleging they conspired to rig Euribor rates, according to sources.

JP Morgan Chase , HSBC Holdings and Credit Agricole, after months of delay, will answer a European Union antitrust complaint alleging they conspired (...)

The tower of the new European Central bank (ECB) (R) is pictured next to the former market hall ‘Grossmarkthalle’ at the site of the new ECB headquarters in Frankfurt. Photograph: Ralph Orlowski/Reuters

The European Central Bank’s new banking watchdog will establish a whistleblower system to get tips on banks that may be breaking its rules and will se(...)