Tens of thousands of files were leaked from the American armed forces to WikiLeaks, a website. They related to the conduct of the war in Afghanistan and sharpened a perception that Pakistan’s military intelligence agency, the ISI, has been backing the Ta… more »

Greece raised €1.6 billion ($2 billion) in six-month treasury bills, its first auction since a bail-out in May. It will pay a 4.65% yield and the sale was oversubscribed. The national debt-management agency was forced to drop plans to auction one-year pa… more »

The House of Representatives approved the Dodd-Frank bill, which if passed by the Senate will bring in the most sweeping changes to America's financial regulatory system since the 1930s. Negotiations had been completed on ironing out the differences betw… more »

China surprised markets by ending the peg of the yuan to the dollar, a policy that was reintroduced in July 2008 during the financial crisis. The yuan’s movement is still restricted to a rise or fall of no more than 0.5% against the dollar in a single da… more »

General Stanley McChrystal was relieved of his command of American and NATO forces in Afghanistan after Rolling Stone published an article in which the general and his aides openly disparaged the Obama administration and America’s civilian leadership in… more »

With BP’s share price falling to half the level it stood at when the crisis in the Gulf of Mexico began on April 20th, and estimates of how much it will have to fork out to clean up the oil spill and pay compensation rising steadily, Fitch downgraded the… more »