After dragging its feet for the past five years, the European Central Bank has finally placed its ultimate policy bet with a government bond-buying programme designed to pump �1 trillion (HK$8.7 trillion) of new money into the deflated euro-zone economy.
The National Association of Realtors reported on Jan. 23 that existing home sales increased 2.4 percent to an annual rate of 5.04 million units last month.
Record-low interest rates may not last as long as investors expect, Bank of England governor Marc Carney warned in a session with other financial leaders on the world economy in Davos, Switzerland.
Bill Gates listens to his wife Melinda Gates during an interview in New York, Wednesday, Jan. 21, 2015. As the world decides on the most crucial goals for the next 15 years in defeating poverty, disease and hunger, the $42 billion Gates Foundation ...
NEWS ANALYSIS: The company obtained $175 million from investors and the stock rose about 65 percent on its first day in the New York Stock Exchange.