North America
Economics
China has set the renminbi-dollar exchange rate at its highest level in five years, after announcing it would make its currency more flexible.
28 June 2010
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Economics
The US Congress is finally close to completing the largest policy reform of the financial sector since the 1930s.
25 June 2010
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Investment
Embattled oil major BP has seen its share price dive below 300p, hitting a 14-year low, as the escalating cost of the Gulf of Mexico oil spill hit $2.3bn (£1.57bn).
25 June 2010
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Investment
The fear of contagion spreading from Europe is likely to keep the Fed funds rate low for longer and the rhetoric used by the Fed is unlikely to change as rates are kept low for ‘an extended period'.
28 May 2010
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Investment
US regulator the Securities and Exchange Commission (SEC) has begun proceedings against a former Schroders municipal bonds manager for alleged insider trading.
14 May 2010
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2 min read
