Bloomberg Emerging-market stocks and currencies were little changed after US economic data bolstered the case for higher interest rates that could dim investors’ appetite for riskier assets. Mexico’s peso and Turkey’s lira rose. Shares and currencies in emerging markets struggled to find direction as traders boosted wagers the Federal Reserve will raise borrowing costs by its March meeting. Bears ...

  Bloomberg A substantial chunk of the bank bonds needed to comply with new rules designed to protect taxpayers may come from Scandinavia, according to calculations by Danske Bank A/S. In an extreme scenario, which assumes local regulators set the toughest criteria, the region’s lenders may need to find investors for more than $120 billion in notes to meet minimum ...

  Dubai / Emirates Business Mashreq, one of the leading financial institutions in the UAE, on Sunday became the first local bank to launch the Corporate Virtual Card, enhancing its comprehensive product suite for Commercial Payments. Mashreq Corporate Virtual Cards is a dynamic electronic payment platform, empowering corporates with real-time transaction security and control. This powerful tool, built on Mastercard’s ...