The Central Bank of Nigeria on Tuesday released four new guidelines for the banking industry, top of which was an approval for bank customers to make...
Malaysia’s ringgit led a decline in emerging-market currencies as stocks retreated after a selloff in oil stoked concerns about global growth. The ringgit slumped the most...
Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency. Bitcoin slumped 5.3 percent against the...
Asian stocks fell for a second day, following declines in global equities, as Japanese shares led losses after the yen gained on disappointment over Prime Minister...
Japanese shares fell for a third day as the yen jumped after details of the government’s stimulus package disappointed investors. Glassmakers and banks led declines. The...
For policy makers from Tokyo to Sydney, expanding stimulus has proven to be no guarantee of a weaker currency. The yen and Aussie are both trading...
Saudi Arabia’s central bank offered lenders short-term loans in late June to help ease liquidity constraints, according to five people familiar with the matter. The Saudi...
Oil consumption in Saudi Arabia, the world’s biggest crude exporter, is expanding at the slowest pace in at least six years as low energy prices hurt...
Saudi Aramco, the world’s largest oil exporter, lowered the pricing terms for Arab Light sold to Asia by the most in 10 months as refineries grapple...
Global risks and financial markets’ volatility increased after Janet Yellen led FOMC held rates unchanged on Wednesday, citing global uncertainty and inconsistency in the economic figures....