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Duration of eurozone stimulus in focus as central bank meets

Thu, 20 Oct 2016 10:22:00 GMT2016-10-20T10:22:00Z

FRANKFURT, Germany (AP) -- Investors will look for clues Thursday on whether the European Central Bank will extend its 1.74 trillion euro ($1.91 trillion) bond-buying stimulus program beyond its earliest end date of March, 2017....

European Central Bank manages stimulus expectations

Wed, 19 Oct 2016 09:43:35 GMT2016-10-19T09:43:35Z

FRANKFURT, Germany (AP) -- Investors will sift European Central Bank head Mario Draghi's remarks on Thursday for clues about a possible extension of its 1.74 trillion euro ($1.91 trillion) bond-buying stimulus program....

Report: China better; still must cut trade surplus with US

Fri, 14 Oct 2016 20:36:10 GMT2016-10-14T20:36:10Z

WASHINGTON (AP) -- China has improved its position by reducing its current-account surplus relative to its economy but it remains one of a handful of countries that need to trim their large trade imbalances with the U.S., the Obama administration says....

The British pound sell-off and the flash crash

Fri, 07 Oct 2016 17:56:20 GMT2016-10-07T17:56:20Z

NEW YORK (AP) -- The British pound had one of its biggest tumbles ever Friday, with the currency sliding 6 percent in just a couple of minutes. That's a huge move for a global currency, matched only in recent times by the pound's fall after the June vote to leave the European Union. No one is quite sure what happened, with speculation running from the algorithms of trading computers, to comments from French President Francois Hollande, who said that Britain must &am...

Delta Lloyd rejects proposed takeover bid by NN Group

Fri, 07 Oct 2016 10:12:29 GMT2016-10-07T10:12:29Z

AMSTERDAM (AP) -- Dutch insurer and financial services company Delta Lloyd NV has rejected a proposed 2.4 billion euro ($2.67 billion) takeover bid by local rival NN Group NV, saying it "substantially undervalues" the company....