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LONDON (Reuters) – The U.S. dollar faces “crosswinds” as some of the extraordinary market developments that fueled the currency’s sharp appreciation in the second half of 2008 fade or even reverse, the Bank for International Settlements (BIS) said.
http://www.reuters.com/
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ZURICH (Reuters) – Rock-bottom interest rates are luring banks into taking risky bets and central banks should be alert to the negative effects of loose monetary policy on financial stability, a high-profile study showed.
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WASHINGTON (Reuters) – Americans face the seemingly intractable dilemma of having to reduce their levels of debt but not so rapidly as to derail a nascent economic recovery.
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FRANKFURT (Reuters) – The new head of Opel promised investments in new models and pledged to put an end to business as usual at the General Motors brand — addressing two key grievances by unions when he outlined his turnaround plan this weekend.
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NEW YORK (Reuters) – TCW Group Inc, one of the largest money managers in the world, fired Chief Investment Officer Jeffrey Gundlach and removed him from its board of directors after buying a smaller rival last week.
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