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KUALA LUMPUR: Foreign fund inflows are expected to further flood the financial markets, both in equities, money markets and the bond markets in Malaysia and the Asean region because of the “carry-trade” phenomenon, according to analysts and fund managers surveyed.
PARIS (Reuters) - France borrowed nearly 8 billion euros free of interest on Monday from investors, benefiting from its perceived status as a top euro zone borrower even with record debt levels and before a test of the government's appetite for belt-tightening.
LONDON: A surprisingly weak U.S. private sector jobs report sapped the dollar and world shares on Wednesday, adding to concerns about the economic impact of the budget standoff in Washington.
LONDON (Reuters) - Italy's economy minister Fabrizio Saccomanni said on Monday he sees no risk of deflation in the euro zone.
BERLIN (Reuters) - German Chancellor Angela Merkel named Ursula von der Leyen as her new defence minister on Sunday, a surprising choice that could vault the ambitious ally into the lead as the front runner to one day succeed the chancellor.
PARIS (Reuters) - OECD Chief Economist Pier Carlo Padoan will be appointed Italy's next finance minister, a source at the Paris-based Organisation for Economic Cooperation and Development said on Friday.