The Latest

  • July 12, 2012

    Little more than a dozen years after the region's crippling financial crisis, Southeast Asia is looking more a safe haven than a risky bet, with foreign investors souring on China and India and pouring money into markets proving resilient to the...

  • July 10, 2012

    It may be better to think of the outbreak of negative interest rates as simply another weapon in an ongoing and global low-grade currency war.

    It's not that negative interest rates - under which investors pay for the privilege of lending...

  • July 10, 2012

    Euro zone finance ministers met in Brussels to discuss support for Spanish banks and using the bloc's rescue funds to stabilize bond markets.

    Following are excerpts from the Eurogroup statement and comments by ministers and officials after...

  • July 10, 2012

    Brazil's real and Mexico's peso traded little changed on Monday as worries weighed that euro zone finance ministers would offer little in the way of containing a crisis that has been hurting Latin American economies.

    But the peso could...

  • July 10, 2012

    Euro zone finance ministers nominated the head of Luxembourg's central bank, Yves Mersch, to the Executive Board of the European Central Bank, two euro zone officials said on Monday.

    "Mersch is confirmed," said one of the officials, both...

  • July 5, 2012

    The Federal Reserve can and will fight the threat of falling prices.

    What is a lot less clear is whether the extraordinary monetary policy we may soon be seeing will be effective in staving off another recession.

    The recent run of...

  • June 19, 2012

    World stocks and the euro gained on Tuesday as Europe's worsening debt crisis and its impact on global growth encouraged talk of a policy response by the world's major central banks.

    U.S. Federal Reserve begins on Tuesday a two-day policy-...

  • June 19, 2012

    The euro rose against the dollar and shares gained on Tuesday as Europe's worsening debt crisis and its impact on global growth encouraged talk of a policy response by the world's major central banks.

    The U.S. Federal Reserve begins a two-...

  • June 19, 2012

    Developing a currency strategy for your portfolio is like playing a chess game in which the pieces are the futures of entire countries. Will Greece be able to form a government and get its act together to keep the euro? What about Spain and Italy...

  • June 14, 2012

    Vacationers planning to go abroad this summer can save big on their foreign currency transactions if they plan ahead.

    The best strategy for international travelers is to use a credit card that doesn't charge extra fees for converting...