Cuban Economy Minister Acknowledges No Immediate Solution to Devastating Crisis
Cuba’s economic growth is less than 2% this year and remains…
ICICI Bank Exceeds Expectations as Quarterly Profit Soars on Strong Loan Growth
ICICI Bank Ltd.’s first-quarter profit topped estimates, underpinned by sustained demand…
European Banks Expected to Show Strength in Stress Tests, Says ECB's Enria
European banks will emerge from stress tests in stronger positions, the European…
Ghana's Debt Surges by 20% in Four Months with Addition of Central Bank Loans
Ghana’s public debt increased by a fifth in just four months,…
Italy Considers Cipollone as Potential Replacement for Panetta on ECB Board: FT
Italy may propose Piero Cipollone as its candidate to join the European…
Australian Government Pushes for More Reforms to Boost Wages and Close Loopholes
Australia plans to reform its workplace-relations laws in a bid to remove…
Nigerian Currency Hits Record Low Against Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges
The exchange rate of the Nigerian currency versus the greenback recently plunged…
UK Consumers Defy High Inflation, Show Increased Shopping Activity in June
British retail sales grew faster than expected in June despite continued high…
Rupee Expected to Decline Further on Growing Importer Demand Next Week
The rupee may extend its losses next week as importers step up…
Massive Outflow: US Banking System Loses $78 Billion in Just One Week
Recent numbers from the Federal Reserve Economic Data reveal that a staggering…
Morgan Stanley Upgrades Economic Growth Forecast, Cites Biden Infrastructure "Boom"
Morgan Stanley raised its economic growth forecast up this week, citing a…
Factbox: U.S. Banks Increase Provisions for Commercial Real Estate Risks
The U.S. commercial property market has faced severe challenges since the…