India’s inflation accelerated more than estimated to a 14-month high, posing a challenge for central bank Governor Raghuram Rajan’s monetary policy stance. Consumer prices rose 5.41...
South African rand strengthened, leading gains among major and emerging-market currencies, and stocks and bonds rallied after South African President Jacob Zuma backtracked on this decision to...
Chinese yuan fell to a four-year low after the central bank said the currency shouldn’t be measured by its moves against the dollar alone, a statement...
Oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation...
The seeming dissolution of the Organization of Petroleum Exporting Countries prompted oil to end this week on a poor note, and more negative catalysts proceeded to...
The global oil surplus will persist at least until late 2016 as demand growth slows and OPEC shows “renewed determination” to maximize output, according to the...
December is turning into a cruel month for traders counting on cuts in interest rates to drive down currencies. New Zealand’s dollar jumped the most since...
Standard Chartered Plc raised about $5.1 billion after 96.8 percent of the bank’s shareholders exercised their rights in a share sale on Friday, signaling confidence in...
Airline earnings are set to advance 10 percent to a record $36.3 billion in 2016, aided by cheap fuel and an expanding U.S. economy, the International...
Australia’s dollar soared after government data showed employers unexpectedly added jobs last month, reducing the prospects that the Reserve Bank will ease monetary policy next year....
