Funds of more than $600 million that turned up in Malaysian Prime Minister Najib Razak’s private bank accounts were from donations and not a troubled state...
Federal Reserve Chair Janet Yellen said she’s confident in the outlook for economic growth and warned that waiting too long to end the era of near-zero...
Eurozone Inflation Remains Unchanged at 0.1 Percent Eurozone inflation remained unchanged at 0.1 percent in November. The 19-nation fall short of economists estimate of 0.2 percent...
Mark Zuckerberg and his wife pledged to give away virtually all of their $46 billion in Facebook Inc. shares, setting a new philanthropic benchmark by committing...
AirAsia Flight 8501 is reported to have suffered four rounds of technical problems. Problems with the rudder system and the flight crew’s subsequent response led AirAsia...
India’s central bank left interest rates unchanged after four cuts this year to meet inflation targets that are starting to look more vulnerable. Governor Raghuram Rajan...
The euro’s worst year in a decade is looking even grimmer after the Chinese yuan’s inclusion in the International Monetary Fund’s basket of reserve currencies. The...
IMF Approves Chinese Yuan As Reserve Currency International Monetary Fund’s executive board, which represents 188 member nations have decided the Yuan meets the standard of...
The world’s biggest pension fund posted its worst quarterly loss since at least 2008 after a global stock rout in August and September wiped $64 billion...
Finally International Monetary Fund (IMF) is set to include Chinese Yuan in its Special Drawing Rights (SDR) reserve currency on Monday, November 30. The board is...