Russian currency slides past 72 per dollar as oil drops Finance Ministry seen boosting budget spending before new year The ruble fell to its weakest level this year as ... Read More
Bank is among first of big peers to boost deposit rates after Fed decision on interest rates J.P. Morgan Chase & Co. will raise deposit rates for some of its ... Read More
Sparked by plunging oil prices, the 2016 budget marks biggest shakeup in years and includes politically sensitive reforms Saudi Arabia has announced plans to cut government spending and reform its ... Read More
Deutsche Bank announced today that it has agreed to sell its entire 19.99% stake in Hua Xia Bank to PICC Property and Casualty Company Limited for a consideration of ... Read More
In 2015, new bank chief executives have been rather like buses. You wait ages while anger mounts over regulation of the service, then three turn up at once. In ... Read More
Budget is 1st under King Salman, may see capital spending cut Kingdom may post a budget deficit of 20% of GDP this year Saudi Arabia, seeking to cope with ... Read More
This week opened with the average global price of oil at an 11-year low, yet OPEC expects its own producers eventually will cut back on production, causing prices to ... Read More
Yuan becomes the latest currency to be approved for public transactions in Zimbabwe, as the southern African nation seeks to increase trade with Beijing. Zimbabwe has announced that it ... Read More
Shares up in last full session before Christmas break Mining stocks dominate list of top performers 2015 EU stock market performance reut.rs/1ZnkfVX European shares rose on Wednesday, lifted by ... Read More
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan ... Read More
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