Valentin Marinov, director of FX strategy at Citi, says ratings agencies are "behind the curve" after S&P raised Portugal's credit outlook to stable from negative.
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The CME Group on Wednesday raised maintenance margins for trading Comex 100 Gold Futures by 22.2 percent, effective after the close of business on Thursday.
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News Corp is facing heightened legal risks in its home US market over the phone hacking and police bribery scandal after the arrest of Rebekah Brooks, the former News International chief executive, but legal analysts believe US authorities are unlikely to take rapid action against the company...
The Bank of Thailand raised its benchmark interest rate by a quarter of a point to 3.25 percent on Wednesday and signaled further tightening to come to tame inflationary pressures as the new government moves to boost growth and increase wages.
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The European Central Bank raised interest rates by 25 basis points to 1.50 percent on Thursday, as it continued to brush off concerns over slow growth and sovereign debt worries in the euro zone periphery.
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South Korea's central bank on Friday raised its policy rate by a quarter point after holding it steady for the past two months, going against market expectations for no change and despite signs of a slowing economy and risks from the euro zone.
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