During the financial crisis of 2008, there was a prevailing view among asset managers that a sell-off in developed market (DM) equities would not lead to a downturn in emerging market (EM) equities, especially in Asia
By John O'Donnell and Paul Carrel FRANKFURT (Reuters) - Euro zone banks have loosened their lending terms for businesses for the first time since the start of the financial crisis, the European Central Bank said on Wednesday, reducing one of the chief obstacles to an economic rebound
NEW YORK (AP) — Argentina's economy minister emerged from daylong negotiations aimed at preventing a default Tuesday to say both sides had finally spoken for the first time, a development that raised hopes that a deal might be reached to avert a financial crisis
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