Bloomberg When it comes to havens among currencies, the yen is the safest of them all, according to a correlation analysis by Goldman Sachs Group Inc. economists. Japan’s currency aligns most closely against corresponding moves in global risk assets in the past decade, Goldman economists led by Kevin Daly wrote in a report on Monday. They compared daily and monthly ...

Bloomberg Eleven major banks including Barclays Plc, Citigroup Inc. and UBS AG said they’ll seek ways to address the financial risks of global warming, after Bank of England Governor Mark Carney urged investors to act on the threat. The group started a pilot project to implement the recommendations of a taskforce set up by Carney to increase financial reporting standards ...

Reuters National Bank of Kuwait, (NBK) the Gulf Arab state’s largest commercial lender, reported an almost 11 percent rise in second-quarter net profit from a year earlier, it said in a statement on Tuesday. The bank said its net profit for the first half of the year jumped 9.3 percent due to higher net interest income and net income from ...