A violent storm hit Latin America's biggest city of Sao Paulo overnight, leaving five people dead and four others missing and adding to a summer toll that now stands at 55 dead, according to reports

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The search for survivors of Haiti's killer earthquake started to wind down and Haiti's government said on Thursday it would move some 400,000 homeless to new villages to be built outside the wrecked capital. The

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Eurozone interbank lending rates continued their march lower on Thursday with markets taking the view that the European Central Bank will not actively drain excess liquidity in the first half of the year. Benchmark three-month

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Sterling fell broadly on Thursday, hitting a one-week low against the dollar on concerns about UK fiscal health and very weak UK money supply data. Although British public sector borrowing was slightly less than expected

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The euro hit its weakest against the dollar in nearly six months on Thursday, stung by concerns over Greece and other peripheral eurozone countries, while a recent breach of key technical levels added to selling

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The Indian rupee extended losses for a third day on Thursday and slipped to its lowest close in over two weeks as a stock market slide added to concerns about a strengthening dollar. The partially

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Asian bond spreads widened on Thursday as concerns over further monetary tightening in China curbed demand for risky assets and as investors braced for new issues from borrowers like Chinese developer Evergrande Real Estate Group.

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Asian bond spreads widened on Thursday as concerns over further monetary tightening in China curbed demand for risky assets and as investors braced for new issues from borrowers like Chinese developer Evergrande Real Estate Group.

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Singapore's stock index fell more than 1 percent on Thursday, while Indonesia snapped a five-day winning streak to hit a one-week low. Investors worried that China would take more measures to cool its economy after

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Wall Street tumbled on Thursday after US President Barack Obama proposed rules aimed at making the financial system safer by preventing the biggest banks from taking excessive risks. "This is going to have a tremendous

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