LONDON (Reuters) - The Bank of England told British banks on Friday they will need to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than many had expected.
In Stunning Reversal, Japan's Central bank and the government pension fund vow to pump trillions of yen into stocks and other assets.
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.
LONDON� Royal Bank of Scotland Group PLC on Friday said it set aside �400 million ($640 million) to cover potential fines for the alleged manipulation of foreign-exchange rates, as the U.K.
UK wholesale gas prices have hit a record low, piling more pressure on energy firms to explain why household bills have not been slashed.