For Currency Traders, All Eyes on Inflation Before Fed Liftoff

Do we have liftoff? That’s the question currency traders will be asking next week as they weigh Wednesday’s U.S. inflation data and minutes from the Federal Reserve’s latest meeting for clues about the timing of the central bank’s first interest-rate increase in almost a decade.

Global growth fears drag down financial markets

LONDON (AP) — Global financial markets drifted lower Monday as growing concerns about the state of the world economy offset any remaining optimism over central banks' stimulus efforts.

China has cut holdings of European assets: Report

SHANGHAI: China's sovereign wealth fund has cut its European assets amid rising risk of a eurozone collapse, the fund's chief told the Wall Street Journal in an interview published Thursday.

Korean Teachers’ Credit Union Plans to Buy London Property in First Half

The Korean Teachers’ Credit Union, with 20.9 trillion won ($18.5 billion) of assets, plans to buy a 12-story office building in London in the first half as declining property prices boost returns.

Analysis: China's $300 billion fund a wake-up call to U.S.

BEIJING (Reuters) - China's plan for a new $300 billion sovereign wealth fund is as much a warning to Washington as it is a body blow to Brussels.