BUDGET 2015
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    Japan's Nikkei index fell by 5.4% to a 15-month low in Asian trade today

    Asian shares slip as bank fears add to gloom

    07.44 Asian shares fell for a sixth session in a row today as concerns about the health of European banks further threatened a global economy already under strain from falling oil prices and a slowdown in China.

    US crude was down 60 cents, or 2%, at $26.85 per barrel by 5.23pm Irish time

    US oil prices fell for a six straight day

    11 Feb US oil prices fell for a six straight day today, approaching 12-year lows hit last month, weighed by brimming crude inventories and a Goldman Sachs forecast that prices would remain low and volatile until the second half of the year.

    Christine Lagarde officially entered her nomination for a second term as IMF chief on January 22

    Lagarde set for second term as IMF chief

    11 Feb IMF chief Christine Lagarde became assured today of a second five year term at the Fund after the global financial institution announced there were no other candidates for the position.

    Sweden's Riksbank first moved its key rate into negative territory last February (pic - credit Riksbank)

    Sweden's central bank cuts rates again

    11 Feb Sweden's central bank cut its benchmark rate by more than expected today and said it was ready to do more to push up sluggish inflation amid worries about global growth.

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