Global Business & Emerging Markets

Mismatch between supply and demand boosts bond returns.

Despite last year's poor returns, buyers are pouring into emerging-market debt this spring.

To fight deflation, European Central Bank became first major central bank to charge, rather than pay, banks for parking cash with it.

European Commission said to have eased Basel III liquidity rules; final EC decision will be revealed later this month.

Central banks' monetary policies and forward guidance are restraining price swings among major currencies.

ESMA releases MiFID II rules in 800-plus page document.