NYC's district attorney has secured a windfall of $808 million from penalties against three big banks accused of violating U.S. sanctions.» Read More
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.
Asian equity markets declined on Friday following hawkish comments from a Federal Reserve official.
A fraud at China's third-largest port has forced banks and trading houses to consider new controls in China's massive commodity financing business.
Singapore, an Asian hub for banking and finance, is ramping up its bid to become a center for gold trading that may one day rival London.
European markets closed slightly lower on Thursday, after trading narrowly in and out of positive territory throughout the day.
Standard Chartered said its profits would fall by about 20 percent in the first half of this year from a year ago.
The Singapore Exchange said it will launch a physically deliverable gold contract to meet demand in Asia, the top consumer of the precious metal.
In a sluggish year for Asian exporters, Taiwan's economy and stock market are in a "sweet spot" thanks to Taiwan's position in the tech supply chain.
Luxury retailers in China are suffering amid an anti-corruption drive and uncertain economic outlook and they're unlikely to recover anytime soon.
China's gradual monetary policy loosening may be discreet, but the cumulative effect is proving just as powerful as an outright cut in bank reserves.
A surge in business loans to the slowing mainland Chinese economy has prompted Hong Kong regulators to impose strict financial rules.
The advent of the World Cup seems to have brought summer's "silly season" forward by a couple of months.
U.S. authorities negotiating with BNP Paribas over alleged sanctions violations at one point suggested it pay a penalty as high as $16 billion.