By fueling price gains and stoking speculation of more borrowers to come, Saudi Arabia’s record debut international bond sale is shifting the ground across Middle East debt markets. In the wake of the kingdom’s $17.5 billion transaction that was completed yesterday, the… Read More ›
Zimbabwe’s citizens, who fear a recurrence of the 500 billion percent inflation that plagued the southern African nation before it abandoned its dollar seven years ago, is giving a hostile reception to the tentative return to its own currency. Central… Read More ›
According to a study by a financial consulting firm that works with plaintiffs in securities litigation, JPMorgan Chase & Co. inflated the value of complex bonds it sold to individual investors, by 15 percent in one example. According to the study from… Read More ›
Due to fears that the card data may have been stolen in one of India’s largest-ever cyber security incidents, a slew of banks in the country are replacing or asking their customers to change security codes of as many as… Read More ›
Nissan’s plant in northern Britain’s is the country’s largest. If it loses EU’s single market, it is likely to lose its competitive edge. As per Nissan Motor’s CEO, in November, the company will take the strategic decision as to whether… Read More ›
Wal-Mart Stores Inc. aims to deliver goods from its stores around the world to Chinese consumers within hours as the world’s largest retailer is making an ambitious push into e-commerce in China. As a part of a pilot project by… Read More ›
As increasing number of U.S. investors are finding Europe’s growing firms an attractive place to put money even as venture capital (VC) investment into the region’s tech start-ups slumped sharply in the third-quarter due to uncertainty around Brexit. According to data… Read More ›
Smaller European countries such as Switzerland, Netherlands and Belgium are likely to take a bigger hit since their industry and commerce isn’t as diversified as Germany’s. As per the results of a study in Germany, the country’s transport and pharmaceutical… Read More ›
Companies who have re-domiciled better perk up and pay attention. If the European Commission has its way, they will have to bite their tax bullet. The European Union is preparing a new law under which large companies in every country… Read More ›
With the yuan trading at a 6 year low against the greenback and with the Chinese economy still loitering in the doldrums, regulators are especially eager to clamp down hard on the rabid underground economy. Financial News has reported, citing… Read More ›
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