Account
Canada's official international reserves fell $68 million in the week ended May 23, the Bank of Canada reported on its website.At May 23, the official international reserves totaled $70.703 billion, compared with $70.771 billion at May 15.The reserves included:-U.S. dollars, $38.878 billion;-other foreign currencies, $18.848 billion;-gold, $141 million;-special drawing rights, $8.458 billion;-reserve position in the International Monetary Fund, $4.378 billion.All reserve figures are reported in U.S. funds.Write to Satish Sarangarajan at satish.sarangarajan@dowjones.comCopyright © 2013 Dow Jones Newswires...
The U.K. public sector borrowed less than expected in April as an increase in income tax receipts boosted government coffers, but the positive sentiment was dented b...
The U.K. public sector borrowed less than expected in April as an increase in income tax receipts boosted government coffers, but the positive sentiment was dented b...
Disposing of the public holdings in Royal Bank of Scotland Group PLC (RBS, RBS.LN) and Lloyds Banking Group PLC (LYG, LLOY.LN) should be a priority for the U.K. gove...
The Swiss National Bank must maintain its policy of defending its exchange-rate floor as the country is still battling with deflation and fresh safe-haven inflows co...
Dubai should regulate the pace of its real estate market rebound to prevent another boom-bust scenario, a senior official at the International Monetary Fund said on ...
The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's blunt...
Piraeus Bank (TPEIR.AT), one of Greece's largest lenders, on Monday reported a first-quarter net profit of 3.62 billion euros ($4.64 billion), largely due to a one-o...
The U.K. economy is in recovery but policy makers need to do more to lift growth, Bank of England Gov. Mervyn King said Sunday."We are seeing a recovery. But it's on...
Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the ...
The U.K. economy is in recovery but policy makers need to do more to lift growth, Bank of England Gov. Mervyn King said Sunday."We are seeing a recovery. But it's on...
J.C. Penney financial troubles get worse
The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity ...
The demise of the U.S. dollar as the world's go-to currency appears to have been greatly exaggerated.Pointing to the scary 2008 financial crisis and America's bloate...
The role of the European Banking Authority must be beefed up beyond current plans to ensure that regulation of Europe's banks does not fragment into two competing sy...
Potential negotiations to restructure European holdings of Greek government debt won't come until after details about Athens's 2013-2014 budget are known, an Interna...
The International Monetary Fund's board remains confident Christine Lagarde can carry out her duties as managing director effectively despite French authorities plan...
President Anibal Cavaco Silva thanked Portugal's patron saint for a long-delayed approval of Lisbon's bailout review last week, but the head of state could claim a s...
State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a bar...
U.K. stocks extended gains to close at a 13-year high on Wednesday, finding support in comments from the International Monetary Fund calling for more growth in the c...
