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Santander and Deutsche Bank fail US 'stress tests'

Santander and Deutsche Bank have failed a US "stress test" designed to assess whether lenders can withstand another financial crisis.


Commerzbank to pay $1.45bn for US banking violations

Commerzbank, banking violations

Germany's second-largest bank, Commerzbank, has agreed to pay a total of $1.45bn (£980m) to US authorities for violating economic sanctions against businesses in Iran and Sudan.


China economic data weaker than expected, fuels policy easing bets

Growth in China's investment, retail sales and factory output all missed forecasts in January and February and fell to multi-year lows, leaving investors with little doubt that the economy i [ … ]


US stocks lose all gains made in 2015

Shares in the US fell sharply on Tuesday, as investors fretted that the Federal Reserve could raise interest rates earlier than expected.


HBO standalone service coming to Apple devices in April

HBO's standalone streaming service will launch on Apple Inc devices next month in time for the season premiere of hit series "Game of Thrones," the network said on Monday, a move to reach mi [ … ]


China takes lessons from Japan, past master on slowdown, deflation

Chinese regulators are turning to Japan for lessons on economic history, determined to keep the world's second biggest economy from taking the same path of recession and deflation that has b [ … ]


With BMWs common in Gangnam, Koreans splurge on Bentleys, Maseratis

Flashy Maseratis and Bentleys are fast becoming the cars of choice for young, monied South Koreans, eclipsing German luxury brands now so commonplace that some in Seoul's upscale Gangnam dis [ … ]


Foreign banks tighten lending rules for China state-backed firms

Some banks are adopting stricter lending criteria for China's state-owned enterprises (SOEs), demanding collateral from some companies they used to deem as safe as government debt, as Beijin [ … ]


German automakers shift focus to high-end electric cars

German carmakers are shifting their focus toward high-end electric vehicles such as the Audi R8 e-tron and away from cheap city cars, in the latest effort to revive environmentally-frie [ … ]


China lowers annual growth target, pledges more reform

China's Premier Li Keqiang said the world's second largest economy would target growth this year of around 7 percent, signaling the lowest expansion for a quarter of a century.


Asian stock markets mostly down despite US closing highs

Stock markets in Asia were mostly down on Tuesday, despite markets in the US, where both the Dow Jones and the S&P 500 closed at all-time highs.


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