ECB launches new covered bond purchases

Central bank move latest attempt to rescue eurozone from stagnation

ExIm warns US of export risk from China

New Beijing development banks could crowd out threatened agency

Banks warned of stiffer penalties

Fed official says Wall Street not doing enough to end misconduct

Berlin and Paris paper over budget cracks

Ministers vow investment boost but keep details to themselves

German companies consider job cuts

Industry is feeling a surfeit of production capacity and workers

S&P 500 regains 1,900 but nerves remain

European stocks slip while Nikkei jumps 4%