London / AFP Britain’s annual inflation rate rose in January to its highest level for …
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Putin’s reward for doing a deal with OPEC overshadowed by risks
MOSCOW / Bloomberg Neither a recession nor a collapse in revenue has yet been enough …
Read More »Emirates Securities Market Index up by 0.92 percent
ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.92% to close at …
Read More »Oil rebounds, Asia stocks go up
Hong Kong/ AFP Asian markets extended their rally on Tuesday as hopes were raised that …
Read More »New year woe for Taiwan as exports fall again
Taipei/ AFP The new year has brought Taiwan no respite from its economic woes as …
Read More »BoK keeps rate at record low amid market turbulence
Bloomberg The Bank of Korea (BoK) kept its key rate unchanged Tuesday for an eighth …
Read More »Swedish Banks’ big risk becomes a benefit
Bloomberg For years, the country’s central bank and financial supervisor have railed against lenders’ dependence …
Read More »China to mull minimum bad-loan coverage
Bloomberg China’s cabinet has discussed lowering the ratio of provisions banks must set aside for …
Read More »Neske poised to become CEO of LBBW
Bloomberg Rainer Neske, the former head of consumer banking at Deutsche Bank AG, is poised …
Read More »UOB profit Q4 barely rises
Bloomberg United Overseas Bank (UOB) Ltd.’s fourth-quarter profit barely rose as swelling expenses and provisions …
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