LOS ANGELES (MarketWatch) - In an unexpected move, the Bank of Japan's policy board voted by a 5-to-4 margin to expand the pace of its quantitative easing, sending Tokyo stocks soaring and the Japanese yen falling sharply.
Last week, 25 banks failed the asset quality review (AQR) conducted by the European Central Bank for 130 of the eurozone's largest banks.
Parts of that 1927 bond offering can be traced back to the South Sea Company, the Crimean War and even the financing of the wars against Napoleon.
The threat of a triple-dip recession in the eurozone, civil unrest in China and the Ebola crisis have created an unprecedented number of headwinds for the global economy, according to the chief executive of WPP.
Gas prices dipped today after a gas deal was signed overnight between Ukraine and Russia. The agreement brings a moment of relief after fears of a European gas supply crunch.