Global markets slumped on Tuesday in a sell-off that encompassed nearly every major asset class, after the Japanese central bank failed to address recent volatility and investors worried about the end of central bank liquidity. Emerging market currencies were sharply weaker against the greenback, while shares, bond yields and gold all fell.
To one gay solider, Prince Harry lived up to his duty to protect those in need. A former fellow infantryman is praising the royal for reportedly saving him after six soldiers supposedly threatened to assault him due to his sexuality while their squad was stationed in Canada back in 2008.
New menu additions allowed McDonald’s to record stronger-than-expected sales last May, though revenue remained disappointing in Asia.
Bangladesh on Sunday suspended seven safety inspectors after they rubber-stamped operating licences for factories that later collapsed in the nation's worst industrial disaster, the labour secretary said.
Moscow police detained 300 Muslims after President Vladimir Putin ordered a crackdown on radical Islamists ahead of next year’s Winter Olympics in Sochi.
Nelson Mandela was back in hospital on Saturday in a “serious but stable” condition suffering from a recurrent lung infection, the latest health scare for South Africa’s frail anti-apartheid icon.
The yen surged and the euro climbed while bonds tumbled from Italy to Spain as European Central Bank President Mario Draghi said growth should stabilize and more stimulus measures will be left “on the shelf.” Stocks fluctuated and Treasuries rose before tomorrow’s U.S. jobs data.
Private-sector job creation was weaker than expected in May, as the economy struggled to break free of what appears to be a summer slowdown on the horizon. ADP and Moody's Analytics reported just 135,000 new positions for the month, below expectations of 165,000.