Analysts had said a slightly more hawkish tone from the U.S. central bank could continue to drive the dollar's strength.» Read More
Asia-focused bank Standard Chartered said its income this year is likely to be similar to 2012, after a slowdown in Asian growth.
RBI's Raghuram Rajan has promised to remake the country's banking sector as he seeks to introduce a new era of competition. The FT reports.
The probe into foreign exchange manipulation has widened to include the world's biggest banks and actively traded currencies. The FT reports.
India's move to encourage foreign banks to reposition as wholly-owned subsidiaries may find just a handful of takers, given the regulatory trade-off.
Carson Block, foundeder of Muddy Waters, challenged his latest target, Chinese mobile security software company NQ Mobile, to sue him in the U.S.
Growth in one-time Asian tiger Indonesia may have slowed to 2009 levels in the third quarter, but economists aren't pushing the panic button.
JP Morgan has put its chief currency dealer in London, Richard Usher, on leave, and Bloomberg reported Citigroup had done the same.
Osborne welcomes Chinese banks looking to expand in London, offering to break down regulatory barriers in a bid to reinforce itself as a renminbi hub.
India is talking with JP Morgan and others to gain entry to benchmark indexes for emerging market debt in hopes to attract investment.
Where would we be without China? Many in the commodities industry have questioned. But it has particular resonance for gold. The FT reports.
Lachlan Colquhoun, Head of Markets Analysis at East and Partners tells CNBC's Cash Flow which three banks he thinks will outperform in the Asia.
India should introduce a wholesale liberalization of rules restricting foreign investors from participating in domestic bond markets.
Maria Bartiromo leads a panel discussion at the Clinton Global Initiative.
With appearances by the likes of Sheryl Sandberg, Bono and Bill Gates, the Clinton Global Initiative hopes to leave a lasting impression on the world.
The euro rose on Monday after German Chancellor Angela Merkel won a third term in office and German, French and euro zone private sector surveys came in better than expected.
Peter Sands, CEO of Standard Chartered, tells CNBC that tapering is fundamentally a dollar phenomenon.
Singapore is widely touted as the Switzerland of the East, and as Peter Sands, Group CEO of Standard Chartered told CNBC, that's why the city-state is one of bank's key markets.
Foreign banks are pushing to raise billions of dollars from expatriate Indians in response to New Delhi's drive to defend its weak currency.
A period of extraordinary central bank intervention is coming to an end and nobody is sure what the consequences will be.
Peter Sands, Group CEO of Standard Chartered says that while Fed tapering may rock emerging markets, fundamentals haven't changed overnight. He remains caution on India while bullish on China.