BOE's King Says More Steps Needed for Growth
UPDATE: BOE's King: More Needs to Be Done for UK Recovery
Aggressive easing policies, particularly in the U.S. and Japan, are creating a global currency war and establishing the foundation for a possible worldwide recession, says Komal Sri-Kumar.
Also, Vanguard rolls out an emerging-markets bond fund, major portfolio manager departures at T. Rowe Price and FPA, Neuberger Berman to launch a China fund, and Invesco to rework its quant funds.
Research and Markets: Wealth in Australia: HNW Customers
PULSE: Turkey regains investment grade from Moody's
U.S. Stocks Tip Lower After Weak Jobless Claims, Housing Starts
Bankrate: Mortgage Rates Climb for Second Straight Week
European Markets Seen Brushing Off Stronger Japanese GDP