Hong Kong / AFP Asian markets extended their rout and the dollar hit 15-month lows …
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Paris, Frankfurt stocks markets dip more than 3 percent
PARIS/ AFP Shares on the French and German stock exchanges fell sharply in early trading …
Read More »Finance House registers 2015 net profit of AED61.7 million
Abu Dhabi / Emirates Business Finance House (FH) has reported a consolidated net profit at …
Read More »Royal Bank of Scotland hires JPMorgan executive
Bloomberg Royal Bank of Scotland Group Plc hired the head of Asia wealth management at …
Read More »SBI’s profit growth goes down on bad loan surge
Bloomberg State Bank of India, the country’s largest lender by assets, posted the slowest profit …
Read More »Sweden’s central bank cuts key interest rate
Stockholm / AFP Sweden’s central bank on Thursday cut its key interest rate by 15 …
Read More »IILM to sell US$1.34bn of bills in biggest Islamic offering
Bloomberg International Islamic Liquidity Management Corp., which counts nine central banks as its shareholders, plans …
Read More »Azeri bank overhaul ends after seventh lender shut
Bloomberg The Azeri central bank said the job of overhauling the financial industry is almost …
Read More »Deutsche Bank CoCo holders face brunt of risk
Bloomberg When European regulators created a new type of bank debt, the idea was to …
Read More »Home prices up in USA metro areas
Bloomberg Home prices rose in 81 percent of U.S. metropolitan areas in the fourth quarter, …
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