Credit Suisse shares closed down 24.24 percent at $1.83 (1.697 Swiss francs) on Wednesday after nosediving to an historic low following market panic after its main...
Saudi Arabia's finance minister said on Wednesday that a decision on allocating last year's budget surplus of almost $28 billion will soon be finalized, with the...
The European Bank for Reconstruction and Development (EBRD) will significantly increase investment in Turkey this year, a top official said on Wednesday, after investing more than...
A wave of customers have applied to shift their accounts to large US banks such as JPMorgan Chase & Co (JPMN) and Citigroup Inc (CN) from...
After a frenetic weekend of round-the-clock briefings, US policymakers took the audacious step of guaranteeing all the deposits of the failed Silicon Valley Bank — even...
A deposit of $5 billion from the Saudi Fund for Development (SFD) entered the accounts of the Turkish Central Bank on Monday, bankers said on Tuesday....
Jordan’s Finance Minister Mohamad al-Ississ told Reuters on Tuesday that S&P Global’s decision to maintain the kingdom’s sovereign credit rating at B+/B reflected confidence in accelerating...
Lebanon’s currency hits a new low of 100,000 to the US dollar on Tuesday, according to unofficial market rates used by a majority of the country....
The European Commission is set to propose a revamp of Europe’s electricity market rules on Tuesday, aimed at expanding the use of fixed-price power contracts to...
The Russian rouble shrugged off slumping oil prices to rise sharply against the dollar on Monday as US authorities launched emergency measures to shore up confidence...
