Iran lawmakers fire finance minister as economic woes mount
The country’s parliament voted Sunday to fire the country’s finance minister amidst the economic turbulence caused by America’s withdrawal from the nuclear deal...
Tag : dollar
China central bank renews its support of Yuan amid dispute
The country is stepping up its efforts to stem the yuan’s rapid depreciation in a policy shift intended to fend off US criticism of Beijings weakening of its currency in the ongoing trade dispute...
Dollar dips on trade optimism as US-China talks are awaited
The dollar sagged on Monday as investor demand for the safe-haven currency receded on optimism over a reduction in US-China trade tensions...
Investors bid up safe havens during Turkish crisis, euro goes soft
Euro touches 13-month low against US dollar, as the Yen gains about 0.3 % and Australian dollar hits an 18-month low...
Sterling falls against dollar and euro amid fears of no-deal Brexit
Pound goes weaker as markets factor in chance of chaotic exit from EU...
Dubai Islamic Bank launches its five-year US$1bn sukuk
The issuance as part of the Bank’s US$5bn sukuk programme was subsequently priced at 3.625% profit rate...
Emerging market economies are currently less vulnerable to a dollar appreciation
Forecasts for growth in the emerging markets and developing economies have generally improved...
ADB plans to raise around $25-30 billion from the capital markets in 2017
Sells $3.75 billion 5-year global benchmark bond...
Deutsche Bank fined for laundering $10 billion for Russians
The German bank has been hit with a $629 million penalty in the US and UK IFM Correspondent February 1, 2017: Germany’s Deutsche Bank has been hit with a $629 million penalty in the US and UK over a $10 billion money laundering scheme that involved its branches in Moscow, New York and London. The...
Germany emerges as capital export world champion in 2016
USA comes out top in capital imports...