Europe

Politics

Japan Owns More U.S. Debt Than China

Japan is now the largest foreign holder of U.S. debt, knocking China out of first place. Economic policies in Japan are keeping interest rates near record lows there, and Japanese investors have put more money in the U.S., whose Treasury bonds offer higher yields.

Politics

Retaliation May Follow Latest Russian Sanctions

The Obama administration’s newest sanctions against Russia for its continued aggression in the Ukraine could prompt retaliation against the U.S. Malaysia Airlines Loses Contact with Jet Amid Reports of Crash in Ukraine

Markets

ECB Increases Emergency Funding for Greek Banks

The European Central Bank raised the amount of emergency funding for Greece's troubled banks by 2.3 billion euros on Wednesday, banking sources said, as negotiations between Athens and its creditors reached a critical stage.

Markets

Germany, France Usher Greece Back to Negotiating Table

European leaders told Greece on Friday to return to the negotiating table for "intensive work" to wrap up a reform agreement before cash runs out, sidestepping Athens' demand for a comprehensive, long-term solution to its troubles.