EUR/USD Under Pressure as Euro-Zone Inflation Remains Low

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EUR/USD Under Pressure as Euro-Zone Inflation Remains Low

… – European economic recovery is expected to continue this year and next driven by domestic demand. – Inflation is seen at 1.7% in 2017 and 1.4% in 2018, below the central bank's target of “below, but close to 2% over the medium term.
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Credit Suisse fourth-quarter net loss $2.34 billion; to cut 5500 jobs

ZURICH (Reuters) – Credit Suisse on Tuesday posted a 2.35 billion Swiss franc ($2.34 billion) net loss for the fourth quarter on the back of a U.S.
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Former Chief of AIG Tries to Fight the Headlines

Maurice R. Greenberg, former chief of A.I.G., called a news conference on Monday about the settlement of a fraud case against him.
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Inflation picks up to multi-year highs in China as cbank eyes tighter policy

FILE PHOTO – A woman pauses as she shops at a wholesale market in Yiwu, Zhejiang province January 11, 2011. REUTERS/Carlos Barria/File Photo.
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Nikkei Falls After Toshiba Earnings Delay

Japanese stocks fell more than 1 percent on Tuesday, with investor sentiment soured after Toshiba Corp delayed its earnings release, including details of a multibillion dollar charge related to cost overruns at its U.S.
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