The dollar was stuck near one-week lows against a basket of major currencies on Thursday, staying on the back foot after minutes of the Federal Reserve's June meeting gave no clear indication about the timing of an interest rate rise.
European shares were back in negative territory on Thursday, a brief lift from U.S. Federal Reserve meeting minutes proving short-lived as investors worried whether markets could go it alone without the U.S.
American Apparel announced late Wednesday that it reached a deal with investment firm Standard General for up to $25 million to bolster the clothing chain's finances.
BEIJING (Reuters) - China will reduce its intervention in the currency market, Central Bank Governor Zhou Xiaochuan said on Wednesday, striking a conciliatory note in public about the yuan's value as he promised to free the interest rate market as planned.
BEIJING (Reuters) - China's trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilize the economy and meet its 2014 growth target.