Sri Lanka: Five-day bank holiday for domestic debt restructuring
There are fears the government's plan could lead to volatility in financial markets.
2023-06-29 13:23
UBS's size will be taken into account - SNB Vice-Chairman
ZURICH The Swiss National Bank will consider closely the size of UBS following the completion of its takeover
2023-06-22 17:48
Swiss National Bank calls for new measures after Credit Suisse crash
By Noele Illien ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from
2023-06-22 14:29
NZ's Auckland Airport revises dividend policy
New Zealand's Auckland International Airport (AIA) said on Wednesday it has revised its dividend policy and will now
2023-06-14 07:20
Debt ceiling package does little to address America's major fiscal problems
Although it's named the Fiscal Responsibility Act, the compromise debt ceiling package that President Joe Biden signed into law this past weekend doesn't do much to fix the nation's enormous financial challenges.
2023-06-06 20:54
Walmart reiterates goal of doubling international gross merchandise in 5 years
By Siddharth Cavale BENTONVILLE, Arkansas Walmart still expects to double the amount of gross merchandise volume it sells
2023-06-03 08:20
National Bank of Canada misses profit estimates as bad loans provisions rise
National Bank of Canada missed analysts' earnings estimates on Wednesday, hurt by higher costs and money set aside
2023-05-31 23:22
Sanctioned China stocks win sudden boost from patriotic buyers
By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE The trademark Chinese patriotism is back at play in markets. As
2023-05-26 14:47
South Africa could become failed state, says ANC's Fikile Mbalula
Fikile Mbalula says that incessant power cuts in South Africa have "made a mess of our country".
2023-05-23 20:56
What are the sanctions on Russia and are they hurting its economy?
Western nations have imposed severe measures against Russia over its invasion of Ukraine.
2023-05-19 19:54
Ghana IMF loan: Will $3bn solve the economic crisis?
Ghanaians are desperate for help but the intervention may not deal with problems in the long term.
2023-05-18 18:20
McCarthy-Biden showdown is about much more than the US national debt
The clash between President Joe Biden and House Majority Leader Kevin McCarthy over the US debt will decide who is the most dominant figure in Washington for most of the next two years. And a failure by the two men to come to terms by this time next month would result in a national default that could have a profound impact on the economy and the 2024 election.
2023-05-09 12:20