Paul Achleitner stood before about 120 media executives and government officials at Sanssouci Palace -- the former summer residence near Berlin of Prussian King Frederick the Great -- to honor European Central Bank President Mario Draghi for his work to save the euro.
House Republican leaders said they will try to force the Democratic-led Senate to vote on defunding President Barack Obama’s health-care law before the House will agree to enact a stopgap government-funding measure.
South Korea’s first global bond sale since 2009 drew orders for five times the $1 billion offered, reflecting confidence in Asia’s fourth-biggest economy at a time when demand for emerging-market assets is cooling.
The U.S. Treasury’s five- and seven- year note auctions this week attracted the least demand in four years amid speculation a strengthening economy will prompt the Federal Reserve to reduce its bond-buying program.
U.S. stocks extended the worst monthly drop since May 2012 as investors weighed prospects for an American military response to a chemical weapons attack in Syria. Oil and European shares fell while Portugal’s bond yields surged amid concern the nation won’t meet its deficit target.