Warning bells: Is US shutdown a brewing African-American revolt?

WASHINGTON: The US government shutdown enters its fifth day, a week after the horrific carnage by a mentally ill African-American man in which he kills a dozen people before he is cut down by police.

Bank of Japan maintains stimulus, more upbeat on capex

TOKYO: The Bank of Japan maintained its massive monetary stimulus on Friday and upgraded its view on capital expenditure, encouraged by growing signs that the benefits of its aggressive policy action to escape deflation are broadening.

US government shutdown: Dollar could be the biggest loser

The first US government shutdown in 17 years is stoking speculation that the longer it lasts, the more likely the Federal Reserve will delay reducing its monetary stimulus programme, boosting emerging market currencies at the expense of the dollar.

Draghi Said to Ask ECB Panel to Weigh Liquidity Options

Mario Draghi has asked a European Central Bank panel to study options for new bank funding measures, as policy makers try to figure out how to deal with any future liquidity shortages, two euro-region central bank officials said.

Governments must not relax credit standards to boost growth, IMF warns

The International Monetary Fund has warned governments to resist the temptation to relax credit standards to boost growth as it highlighted the UK's lack of lending to small businesses.

Regulators to have power to eject bank bosses under stress test plans

Bank bosses could be ejected by regulators if they fail to bullet-proof their companies against economic shocks.

Analysis: Euro zone current account surplus puts Germany in dock

(Reuters) - A sharp rise in the euro zone's current account surplus puts the focus firmly on what Germany's new government can do to boost consumption and revive investment in Europe's largest economy.