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Breaking News
28 Aug
Uni Michigan confidence falls below expectations in August

The University of Michigan confidence indicator declined unexpectedly in August, figures released on Friday showed.

28 Aug
HSBC_Grande
HSBC to probe Bacs issues as payments are held up

Banking giant HSBC said it will investigate the issues that led to a number of payments being held up on Friday.

28 Aug
credit cards, finance, money, cash
France's Ingenico said to be tabling bid for Worldpay

France’s Ingenico is reportedly tabling an offer for an £11bn merger with UK payments processing company Worldpay that would derail its plans for a flotation.

28 Aug
UK GDP meets expectations in second quarter

The UK economy grew in line with expectations in the second quarter, figures released on Friday showed.

27 Aug
Ukraine and main creditors agree 20% debt writedown

Ukraine and its main creditors have reached a deal that will see 20% of the country's debit written down.

27 Aug
China, Shanghai, Asia
Chinese government said to have intervened to boost stock market

China’s government has reportedly intervened to boost the equity market on Thursday, stepping in to buy blue-chip stocks.

26 Aug
federal reserve, fed, usa,
Case for September rate hike less compelling, Fed´s Dudley says

Instability in global capital markets made the case for a September interest rate hike by the US central bank "less compelling" a Fed official said on Wednesday afternoon.

26 Aug
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UK retail sales volumes continue to grow at brisk pace in August

UK retail sales volumes continued to grow at a brisk pace in August with further strength envisioned in September, according to the results of a widely followed survey.

26 Aug
People's Bank of China set to inject 140bn yuan into the economy

The People's Bank of China is expected to inject 140bn yuan (£13. 9bn) in the country's economy, in a bid to generate momentum in what a market that has progressively slowed down over the last few months.

25 Aug
PBOC
China cuts interest rates for fifth time since November

The People's Bank of China has cut interest rates for the fifth time since November in a bid to boost its slowing economy.

25 Aug
US consumer confidence beats expectations in August

US consumer confidence jumped from 90. 9 to 101. 5 in August, well ahead of expectations for a 93. 4 reading.

24 Aug
Barclays pushes back date of first Fed rate hike as markets reel

The Footsie was pummelled on Monday, registering a tenth consecutive session of losses, the longest such streak since January 2003, even as analysts pushed back their forecasts for Fed tightening.

24 Aug
new york stock exchange, nyse, markets, wall street, us. photo: grant wickes
US open: Dow plunges over 1,000 points at opening bell as global selloff intensifies

US stocks plunged early on Monday, on the back of a major selloff that saw Chinese stocks plunge to their lowest level since 2007.

20 Aug
tsipras, syriza
Greek PM Tsipras resigns and calls snap elections

Greek Prime Minister Alexis Tsipras resigned after the close of markets on Thursday and called for immediate elections to take place on 20 September, just when a semblance of stability seemed to be spreading over the Hellenic nation.

20 Aug
tsipras
Alexis Tsipras set to resign and call September snap election

The Greek Prime Minister, Alexis Tsipras, will resign later on Thursday, paving the way for election next month.

20 Aug
City workers
US weekly jobless claims unexpectedly rise

Jobless claims in the US unexpectedly rose to 277,000 in the week to 15 August from 273,000 the previous week, the Labor Department revealed on Thursday.

20 Aug
Philly Fed index rises to 8.3 in August from 5.7 in July

The Philadelphia Federal Reserve index, a closely-watched indicator of business conditions, rose from 5. 7 in July to 8. 3 in August.

20 Aug
South Korea evacuates residents from border area after exchange of fire with North Korea

South Korea has ordered the evacuation of residents in the border area following an exchange of fire with North Korea, according to reports.

20 Aug
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UK retail sales volumes rise as expected

The underlying volume of UK retail sales in July rose 0. 4% on the preceding month, as predicted, which was an improvement on the previous month's revised 0. 3% rise, although total sales including from petrol stations fell short of expectations.

19 Aug
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US CPI inflation falls short of forecast for July

The rate of US inflation decreased in July, with both the headline and core consumer prices index (CPI) increasing 0. 1% month-on-month, short of consensus forecasts for a 0. 2% rise.