HONG KONG The International Monetary Fund's decision to add China's yuan to its reserves basket is a triumph for Beijing, but the fund's verdict that the currency met its "freely usable" test will have little financial impact unless Beijing recruits ...
The Bank of England has declared that the UK's financial system has moved out of the “post-crisis period” but was not showing enough signs of overheating to require action to rein in credit.
TORONTO Dec 1 Bank of Nova Scotia, Canada's third-largest bank, reported a higher quarterly profit that beat market expectations on Tuesday, driven by robust asset growth and a benefit from favorable foreign exchange moves.
Unemployment across the 19-country eurozone economy has fallen to its lowest level in nearly four years, official figures showed Tuesday, in another positive sign for an economic region that has struggled to get people back to work for years.
Manchester City's parent company has been valued at $3bn (�2bn) after selling a 13% stake, worth �265m, to a consortium of Chinese investors.