Argentina offers $6.5bn to debt holdouts

Buenos Aires aims to end US ‘sovereign debt trial of the century’

Lending to emerging markets comes to halt

BIS fears ‘vicious’ circle’ of deleveraging and turmoil

Alexander confirmed in senior AIIB role

China rival to World Bank unveils line-up of five vice-presidents

Small but serious threat of US recession

Growth fears are overdone but the Federal Reserve must be vigilant

©Matthew Lloyd/Bloomberg

Global financial stocks slide to new lows

Ultra-loose policy stokes fear over growth, credit and bank returns

Migrants give Moscow the cold shoulder

Poor exchange rate keeps workers at home and snow on the streets

How risky is Asia’s rising household debt?

Differentiation is key in assessing sharp rise across the region

Reality-based economics

To avoid the pitfalls of modelling, know what they are

Driving home for new year — in a shared car

China takes to gig economy in world’s biggest mass migration

Indonesia growth rises on spending boost

Uptick sparks hopes economy can overcome commodity-slump blues

Sir Jeremy Morse, banker, 1928-2016

Former Lloyds Bank chairman was one of the most erudite bankers of his generation

Lagarde urges overhaul of crisis response

Emerging-market trouble needs bolstered ‘safety net’

Oil: From boom to bailout

Cheaper crude forces developing nations to face a stark reality

The benefits of scrapping cash

Drug dealers and terrorists do not in general favour bank accounts or mobile payments

Portugal’s budget provokes Brussels clash

Socialist government’s spending plan faces veto because it misses EU’s deficit target

Credit Suisse brings home the global pain

Finance industry hit by volatility, poor growth and negative rates

Default may be Venezuelans’ best hope

If imports are cut, hardship could turn to humanitarian crisis

Irish comeback is no thanks to Brussels

Export-led revival has had little to do with ‘internal devaluation’