Deutsche Bank faces FBI investigation for possible money-laundering lapses: source
The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said on Thursday.
Oil jumps 3% to $63 as Iran shoots down U.S. drone in Gulf
Oil rose by more than 3% to above $63 a barrel on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington.
China, U.S. to resume trade talks but China says demands must be met
(This online version of June 20 story fixes spelling to “denuclearization” in the penultimate paragraph.)
Boeing in talks for more 737 MAX orders after IAG
Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a letter of intent for 200 planes from British Airways owner IAG at the Paris Airshow, its sales chief said on Thursday.
Stocks up, dollar, bond yields down on Fed rate cut signal
World stock markets rose on Thursday after the U.S. Federal Reserve signaled it was likely to cut interest rates next month, and the dollar and benchmark bond yields fell to multi-year lows.
GSK offers concessions to address EU concerns over Pfizer deal
GlaxoSmithKline has offered concessions to address EU antitrust concerns over its planned joint venture with Pfizer’s consumer health business, the European Commission said on Thursday.
Oil prices jump as downed U.S. drone stokes Middle East tensions
Oil prices climbed around 3% on Thursday amid escalating tensions in the Middle East as a U.S. official said one of the country’s military drones was shot down by an Iranian missile.
Deutsche Bank faces investigation for possible money-laundering lapses: NYT
U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported on Wednesday.
Markets see long fight ahead as ECB battles low inflation expectations
Mario Draghi’s dramatic Tuesday hints of further monetary easing by the European Central Bank has stabilized collapsing euro zone inflation expectations, but the departing ECB chief will struggle to calm market fears of Japan-style economic stagnation….
Stocks rally, bond yields dive as Fed fuels easing hopes
Asian stock markets rallied on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year.
