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ECB rate meeting, Chinese data in focus

By Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank is almost certain to ease policy next week as depressed commodity prices raise the risk of deflation, while a string of data from China will offer clues about the extent of the recent emerging market slowdown. Growth in most key economies has slowed this year as states such as China to Brazil attempt to rebalance, weighing on global demand and sending deflationary waves around the…

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ECB rate meeting, Chinese data in focus

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Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds – document

By Nate Raymond NEW YORK (Reuters) – U.S. authorities have decided not to pursue criminal charges against any Citigroup Inc executives or employees involved in packaging and selling mortgage-backed securities at the heart of the 2008 financial crisis, a government report shows. The decision, which followed Citigroup's $7-billion settlement in 2014 resolving federal and state civil claims related to mortgage bonds, was described in a November report…

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Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds – document

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U.S. trade deficit widens as exports hit five-and-a-half-year low

The Commerce Department said on Friday the trade gap increased 2.2 percent to $45.7 billion. December's trade deficit was revised up to $44.7 billion from the previously reported $43.4 billion. Economists polled by Reuters had forecast the trade deficit widening to $44.0 billion in January.

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U.S. trade deficit widens as exports hit five-and-a-half-year low