Financial Markets

The Latest: PM May resigns, won't lead Britain out of EU

May 24, 2019

Theresa May has ended her failed three-year quest to lead Britain out of the European Union, announcing that she will step down as Conservative Party leader June 7 and triggering a contest to choose a new prime minister who will try to complete Brexit

New Zealand cuts benchmark interest rate to new low of 1.5%

May 8, 2019

Citing lower global growth, New Zealand's Reserve Bank has cut the nation's benchmark interest rate by a quarter point to an all-time low of 1.5%

Global shares edge higher ahead of US jobs data

May 3, 2019

Global markets see modest gains as traders await US jobs data

Asian markets mixed following losses on Wall Street

May 3, 2019

Asian markets mixed after losses on Wall Street, doubts surrounding China-US deal

World stocks waver as Fed steers clear of signaling rate cut

May 2, 2019

World stocks waver as Fed keeps rates intact, no cut planned despite low inflation

Asian stocks mixed as Fed steers clear of signaling rate cut

May 2, 2019

Asian stocks mixed as Fed keeps rates intact, no cut planned despite low inflation

Global stocks drift after Chinese figures raise concerns

Apr 30, 2019

Global stocks lower following Wall Street high after China factory activity weaker than expected

Eurozone recession fears fade as growth picks up

Apr 30, 2019

Fears of a recession in the eurozone have eased after the 19-country bloc posted better-than-expected growth in the first quarter

Royal Bank of Scotland chief executive to step down

Apr 25, 2019

Royal Bank of Scotland says Chief Executive Ross McEwan is stepping down after 5 1/2 years overseeing the restructuring of a bank that was bailed out by the government during the global financial crisis

Oil prices spike further after US move on Iran buyers

Apr 23, 2019

Oil prices spiked Tuesday to their highest levels since October on supply fears, after the Trump administration said it would soon impose sanctions on all buyers of Iranian oil.

Financial Markets

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