Economy & Money
The US unemployment rate has fallen to a 50-year low, possibly easing recession worries after recent weak economic data. The
Multinational investment banks Rothschild and Moelis have been shortlisted to advise on restructuring about $15 billion of debt at Saudi
Rating agency Fitch has downgraded Saudi Arabia’s credit rating from A+ to A citing geopolitical risks and a downturn in
President Donald Trump warned in a tweet Thursday amid the Ukraine whistleblower inquiry that the stock market would melt down
The bitcoin and cryptocurrency market suddenly went into meltdown today, with the bitcoin price dropping over 10%–just after the closely-watched
The US has granted exemptions from tariffs on parts for Apple’s new Mac Pro and on some accessories made in
The US central bank has pumped more than $200bn (£160bn) into the financial system this week – the first time
Precious metals traders at JP Morgan made millions through fraudulent trades, operating a sprawling criminal conspiracy to manipulate prices, according
Russia and Iran will transfer payments using an alternative system to the internationally recognized SWIFT money transfer network, the governor
Russia will not take out loans in US dollars for the remainder of this year and the whole of 2020,
The French Finance Ministry has deemed Facebook’s Libra digital currency too risky to be authorized for development in Europe. “All
Hong Kong Exchanges (HKEX) and Clearing has launched a takeover bid for London Stock Exchange Group, offering one of Europe’s
China’s foreign exchange reserves jumped to $3.1072 trillion despite the falling yuan and escalating trade war with the US, while
The ongoing trade war with China is impacting many industries. Market volatility is being exacerbated by President Trump’s pattern of
The pound has dropped to its lowest point since 1985, after British Prime Minister Boris Johnson vowed to call another
The Swiss financial regulator has granted capital market and securities dealer licenses to two blockchain companies, set to become the
Beijing has finally unveiled its response to Washington’s latest tariffs, vowing to hike levies on $75 billion-worth of US exports
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming