A Standard Chartered-led consortium has invested $207 million in Chinese peer-to-peer lender Dianrong.» Read More
The Reserve Bank of Australia on Tuesday left interest rates steady at a record low of 2.5 percent for the 12th month, as expected.
The $6.6 billion bailout of Portugal’s largest bank poses a warning on exposure to “fragile” emerging markets, analysts have cautioned.
Lawsuits over an estimated $900 million exposure to a suspected metal financing fraud in China are hindering a recovery in metal trade.
The dollar hovered around 10-month highs ahead of U.S. jobs data on Friday.
As markets see rising volatility amid uncertainty over the timing of the Fed's rate hike, strategists advise investors to keep calm and carry on.
The ties between Britain’s banks and its economy have always been close, but they seem to have become even tighter in the post-banking bailout era.
Standard Chartered has called a halt to its grand expansion as it seeks to conserve capital amid the worst drop in profits for more than 12 years.
China shares may be seeing a flood of bullish calls after years of underperformance, but some analysts remain solidly pessimistic on the market.
China's debt has soared to two and half times its economy from 147 percent at the end of 2008, Standard Chartered estimates.
A proposed merger in Malaysia will create the first Islamic bank that will have enough clout to challenge conventional, often Western, banks.
China's economy grew 7.5 percent in the second quarter from the year-ago period, beating a broad consensus estimate of 7.4 percent and coming after the 7.4 percent expansion in the first quarter.
Burberry shareholders rejected a 20 million pound remuneration package for its new chief executive, Christopher Bailey. The Financial Times reports.
As World Cup fever spread, the usually sober investment banks-turned-pundits offered their predictions. Here's how they did.
Commerzbank may pay between $600 and $800 million to resolve investigations into its dealings with countries under U.S. sanctions, sources said.
As the kiwi trades within striking distance of its post-float high, the trade that's been on fire since mid-2013 looks unstoppable, analysts say.
Brazil was defeated by Germany in the World Cup semi-final, but the Germans haven't only been thrashing the Brazilians on the football pitch.
Indonesia's tight presidential race spurred fears of a market selloff, but some say whoever wins will pursue the same policies to lure foreign investment.
China's quest to turn its yuan into a global currency has halted as the planned worldwide payments superhighway looks certain to get delayed.
U.S. authorities have begun settlement talks with Commerzbank over its dealings with blacklisted countries, the New York Times reports.
Upbeat news on China's manufacturing sector on Tuesday raises the question of whether it's time to wean the economy off growth-supportive measures.