DUBAI — The Qatar Central Bank said on Tuesday it wants to keep interest rates low to support lending to the real economy, and also reported that local banks have low exposure to the debt crisis-stricken eurozone.
DUBAI — The Qatar Central Bank said on Tuesday it wants to keep interest rates low to support lending to the real economy, and also reported that local banks have low exposure to the debt crisis-stricken eurozone.
SYDNEY — The European Union’s rating outlook was cut to negative by Moody’s Investors Service, reflecting the risks to Germany, France, the UK and the Netherlands that account for about 45 per cent of the group’s budget 
revenue.
LONDON/SINGAPORE - The euro zone probably slipped back into recession in the current quarter, according to business surveys on Wednesday that also showed Asia¡¯s services sector growth remained muted in August as the global economy struggled to get its footing.
Gold eased on Wednesday along with a fall in the euro but did not stray far from a near six-month high reached in the previous session as a batch of weak US and European data reinforced hopes for stimulus measures.
European stocks were up around midday on Wednesday in choppy trade in the run-up to this week’s ECB policy meeting, as low demand at a Bund auction signalled that investor appetite for safe-haven assets is drying up, a bullish sign for equities.
Copper lost ground for a second day on Wednesday as investors worried that the European Central Bank would fail to launch stimulus measures to revive a struggling economy and that top consumer China would take no big steps to boost slower growth.
Asian markets slipped further on Wednesday following losses in Europe and on Wall Street after a third straight monthly contraction in US manufacturing activity.
State-rescued Royal Bank of Scotland on Wednesday unveiled plans to cut almost 900 jobs at its Direct Line insurance operations and close a key site in northeastern England.
The EU executive opened talks with the financial industry on Wednesday on how to impose curbs on financial market benchmarks and indexes, marking the start of a regulatory clampdown following rigging in London’s inter-bank lending market.
FRANKFURT, Germany — European Central bank President Mario Draghi gets another chance Thursday to spell out how the bank intends to rescue the 17 countries that use the euro from financial disaster.