Asian stocks rallied for a second day Friday after the Federal Reserve's reassurance it was in no hurry to hike interest rates.
Switzerland's central bank has imposed negative interest rates on commercial bank deposits, with the aim of preventing the Swiss franc from gaining more strength against other currencies.
Asian stock markets powered higher Thursday, sweeping aside worries about a flagging global economy after the U.S. Federal Reserve said it would remain "patient" in its approach to raising...
Russia's suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy.
Despite a rate increase to 17%, the Russian currency hit record lows amid a perfect storm of low oil prices, looming recession, and Western Ukraine sanctions.
Asian and European stocks slid Tuesday as further weakness in oil prices and the slumping Russian ruble helped extend the global market rout.