The Bank of Japan decided to loosen monetary policy further by increasing the amount of low-interest loans available to the money market, stepping up its efforts to energize the country's...
The World Bank raised its forecast for China's growth this year to 9.5% but urged China's government to take more measures to cool its economy and head off inflation.
British regulators sanctioned Alexis Stenfors for improperly valuing a large trading position, in one of the first enforcement actions stemming from investigations into whether Wall Street firms "mismarked" hard-to-value securities.
Bank of America plans to announce that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations.