Jakarta: Indonesia’s central bank made a surprise 25 basis point rate cut to interest rates yesterday as Southeast Asia’s largest economy seeks to...
Jakarta: Indonesia’s central bank made a surprise 25 basis point rate cut to interest rates yesterday as Southeast Asia’s largest economy seeks to...
LONDON: Italian government bond yields jumped on Tuesday, stretching the gap with German peers to a five-week high, in the wake of proposals...
London: European stocks broke a three-day losing streak yesterday, building on gains in other markets and boosted by rising commodity prices. US stocks...
Bangaluru: Secure Trust Bank said it further tightened its credit risk appetite and acceptance criteria for small- and medium-sized customers over the first...
London: Britain urged the European Union yesterday not to separate goods from their services in Brexit talks, further outlining its negotiating stance to...
Wolfsburg: Volkswagen is more focused on its multi-billion-euro shift towards electric vehicles and transport services than any potential sale of motorcycle brand Ducati...
London: The euro rebounded from the day’s lows yesterday but held well below a 2-1/2 year high hit earlier this month as markets...
Beijing: China’s Great Wall Motor signalled yesterday its intention to make an ambitious acquisition deal with Italian-American car maker Fiat Chrysler Automobiles following...
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, has affirmed the ratings of QNB Finansbank (QNBF) based in Istanbul,...
Emerging economies’ debt in euros has shot to record highs thanks to European Central Bank largesse, and yet an approaching end to this...
Berlin: The emissions scandal ensnaring German carmakers is a risk to Europe’s largest economy, the Finance Ministry said yesterday, adding that it was...
Norway’s $975bn sovereign wealth fund, the world’s largest, has bought a 48-percent stake in a New York City property, it said yesterday. Norges...
The German government has no preferred bidder to take over the assets of insolvent Air Berlin, an Economy Ministry spokesman said yesterday. The...
Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines...
The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test...
New Delhi: McDonald's said Monday it is shutting 169 restaurants in India after a legal row with a local franchise operator. The fast...
Paris: French oil giant Total said Monday that it would buy Maersk Oil, a unit of Danish shipping giant A.P. Moller-Maersk, for $7.45...
Beijing: China is to restrict foreign investments in sports clubs, real estate and entertainment and is banning investment in pornography and “unauthorised” military...