What Crisis? Stronger Banks, Economies Ease Fear Over Greece

The prospect of a Greek crackup isn't so terrifying anymore.

China Has a Massive Debt Problem

China has a $28 trillion problem. That’s the country’s total government, corporate and household debt load as of mid-2014, according to McKinsey & Co. It’s equal to 282 percent of the country’s total annual economic output.

Dollar's rise natural given relative strength of U.S.: Fed's Rosengren

(Reuters) - Boston Federal Reserve bank President Eric Rosengren said the rise of the dollar against currencies like the yen and euro reflects the strength of the U.S. economy and doesn't indicate a currency war is developing.

Where the Next Financial Crisis Will Come From

The next financial crisis won’t come from the banking sector. That’s the message implicit in the latest report on the global financial sector from the Financial Stability Board, the group that monitors what’s happening with the world’s money flow.

China could 'punish' Hong Kong over protests, says ex-HK central bank chief

A member of China’s central bank’s advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue.

BoE's Shafik sees no significant evidence of price pressures: FT

(Reuters) - The Bank of England will need to see more signs of price pressures building in Britain's economy before it raises interest rates from record low levels, its deputy governor Minouche Shafik said on Monday.

UK inflation falls to five-year low of 1.2%

Inflation has slumped to its lowest rate for five years, hitting 1.2% in September and taking pressure off the Bank of England to raise interest rates in coming months.

Draghi’s ‘Whatever It Takes’ Plan Faces Trial at EU Court

European Central Bank President Mario Draghi’s pledge to do “whatever it takes” with a bond-buying plan to save the euro-area goes on trial before the European Union’s top judges today.

BOE Signs Off Housing Stimulus as FPC Requests More Powers

U.K. Chancellor of the Exchequer George Osborne’s housing initiative doesn’t pose a risk to financial stability, the Bank of England said today as it asked the government for more powers to limit mortgage lending.

Banks could face record fines totalling £1.8bn over currency rigging

Six major banks caught up in the investigation into rigging the currency markets are being pressed by the regulator to agree to fines – possibly of as much as £1.8bn – in the next eight weeks.

With Eye on Market Stability, Fischer Carves Out Fed Role

Investors are becoming complacent about risks in financial markets as loose monetary policy spurs a search for yield, the Financial Stability Board said today.

Investors Complacent About Financial Market Risks, FSB Says

Investors are becoming complacent about risks in financial markets as loose monetary policy spurs a search for yield, the Financial Stability Board said today.

Wall Street sees holes in Fed's new policy-tightening plan

(Reuters) - No sooner did the Federal Reserve reveal its plan for eventually tightening U.S. monetary policy than many on Wall Street flagged problems with the mechanics of the strategy, and said more adjustments would have to come.

France's economics ills worsen but all remedies appear unpalatable

Emmanuel Macron had been in his new job less than 48 hours when he dropped his bombshell. Picked by François Hollande to be economy minister after a row over austerity prompted a reshuffle, the young investment banker suggested that France could consider an end to its hallowed 35-hour week.

IMF warns of potential risks to global growth

(Reuters) - Sharply higher interest rates around the world could combine with weaker growth in emerging markets to slice as much as 2 percentage points off global growth in the next five years, the International Monetary Fund said on Tuesday.

Italy's Berlusconi says was forced from office by EU 'plot'

(Reuters) - Former Italian Prime Minister Silvio Berlusconi repeated accusations on Wednesday that he was forced out of office at the height of the euro zone crisis in 2011 as the result of a "plot" by European Union officials.

China's high wire act on failing companies

China looks ready to let more companies go to the wall as part of its economic reforms, shaking financial markets that are used to the government bailing out firms at the last minute.

European center-left launches election drive, attacks austerity

(Reuters) - European center-left parties called on Saturday for a change to austerity policies enacted to counter the euro zone crisis as they named Martin Schulz to be their candidate for next head of the European Commission.

BOE Gets Tough on Foreign Branches in Stability Push

The Bank of England plans to tighten rules for non-European banks seeking a foothold in the U.K. by introducing a series of tests to ensure financial stability.

Tighter policy a tool to deal with U.S. systemic risk -Fed's Tarullo

ARLINGTON, Va., Feb 25 (Reuters) - The Federal Reserve's top regulator waded into the debate over whether monetary policy should be tightened in the face of financial stability risks, saying on Tuesday that such a move cannot be "taken off the table."