Policy makers have long been aware that their words can be as powerful as their actions.

Nordea Bank and BBVA also reported lower profits and fell more than 2 percent each.

Draghi stuck close to the bank's argument that the drivers of growth remain in place and that the slowdown is merely a return to normal aft...

The Indian currency hit an 18-month low of 68.47 per dollar in May.

“I’m a bit worried about the valuation of these very popular companies,” Robert Naess said.

ICICI Prudential Mutual Fund today launched an open-ended scheme which has the mandate to invest in overseas equities.

Faced with huge redemption pressures, mutual funds have now increased focus on global market investors, selling a slew of equity and debt p...

Nokia, burning cash as it struggles to revive its smartphone business, is gaining more customers for another product: the low-cost mobile p...

India is a big complex market and you need to have a good onshore manager to take your investments through, says Christophe Girondel of Nor...

"This partnership brings together two reputed asset management cos that can leverage on their strengths of investment expertise and distrib...

This exclusive partnership between ICICI Prudential AMC and Nordea AM allows both entities to capitalize on each other's respective strengt...

ICICI Prudential Mutual, the country's third largest fund house, has secured the mandate to manage the Indian investments of Stockholm-base...

Oil rebounded after closing below $90 a barrel for the first time in seven months amid signs China will accelerate efforts to spur growth.

Hungary, which last week turned to the IMF for help, lost its investment-grade rating at Moody’s, which cited risks to budget-deficit and p...

Sweden, Finland and Denmark are promoting a European Union-wide bank levy to force lenders to help share the clean-up costs of future banki...

Swedish Financial Markets Minister Mats Odell said in an interview with on Tuesday that market turmoil could affect the timing of the gover...

The newly-floated Essar Shipping and Logistics (ESLL) has raised $200m from foreign banks to fund the acquisition of very large crude carri...