The imminent failure of Italy’s third-largest bank, Monte dei Paschi di Siena, is finally bringing the country’s long-festering banking crisis to the centre...
The imminent failure of Italy’s third-largest bank, Monte dei Paschi di Siena, is finally bringing the country’s long-festering banking crisis to the centre...
Donald Trump and Republican lawmakers have made no secret of their desire to remove shackles put on banks by the Dodd-Frank Act, and...
Los Angeles: Lockheed Martin Corp led defense stocks lower yesterday after US President-elect Donald Trump’s latest Twitter salvo over the cost of the...
London: The UK current-account deficit widened in the third quarter as Britain posted its worst trade performance in almost three years. The difference...
Yaoundé: IMF chief Christine Lagarde (pictured)yesterday joined a Cameroon summit of central African leaders aimed at tackling economic woes brought on by weak...
Washington: A federal judge said that Volkswagen AG has reached an agreement in principle to provide “substantial compensation” to the owners of about...
London: Gold edged higher yesterday in thin pre-Christmas trade as the dollar retreated from this week’s 14-year high, tempting some buyers to take...
Singapore: The Middle East crude benchmark Dubai fell on yesterday as demand for February-loading cargoes thinned after refiners had mostly secured their feedstock...
London: Gold steadied yesterday, as the dollar slipped and market participants waited for US economic data due later in the day. The United...
Shanghai: China’s liquefied natural gas imports surged to a record last month as the world’s third-biggest buyer boosted shipments to offset winter demand...
Singapore: Yeo Jiawei, a former wealth planner at Swiss bank BSI SA, was given a 30-month jail term, the longest sentence yet handed...
Baku: The Asian Development Bank (ADB) said yesterday it had approved a $500m loan to help Azerbaijan tackle economic and social problems, mitigating...
RIO DE JANEIRO: Companies that want to buy Brazilian timber without contributing to illegal deforestation have a new tool to help them ensure...
NEW YORK: Two of Wall Street’s three indexes closed at record highs Tuesday as shares jumped at technology companies and major American investment...
Frankfurt: German industrial gases maker Linde and its US competitor Praxair yesterday said they had agreed the terms of a proposed $65bn "merger...
London: Lloyds Banking Group Plc agreed to buy Bank of America Corp’s MBNA credit-card business in the UK for 1.9bn pounds ($2.4bn) in...
Tokyo: The Bank of Japan (BoJ) yesterday lifted its view of the economy for the first time in over a year, as the...
