May 11, 2021

The British pound climbed as high as $1.411 on Monday, its strongest level since February, as the UK economy is on track to return to pre-pandemic levels by the end of 2022. Sterling’s......

April 24, 2021

Commodity prices continued their recovery in the first quarter of 2021 and are expected to remain close to current levels throughout the year, lifted by the global economic rebound......

April 21, 2021

The Indian rupee (INR) has pivoted from the best performing currency over the last quarter to one of the worst in recent days thank to the spiraling COVID-19 infections in the country,......

April 20, 2021

THE HAGUE: The Netherlands’ third-largest bank ABN Amro is to pay a $575 million (480 million euros) settlement to prosecutors following a money-laundering probe, the bank announced......

April 17, 2021

HSBC Middle East has appointed a new chairman of the boards to replace David Eldon, who is stepping down this month. Samir Assaf, currently serving as the bank’s chairman of corporate......

April 17, 2021

Bank of America reported its first-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways: This......

April 6, 2021

ISTANBUL: Turkey’s annual inflation climbed above 16 per cent in March for the first time since mid-2019, data showed on Monday, piling pressure on new central bank governor Sahap......

March 31, 2021

A UN panel has retracted money laundering and corruption claims against Yemen’s central bank, according to a government official. In January, the UN Panel of Experts on Yemen......

March 30, 2021

DUBAI: Turkish President Recep Tayyip Erdogan has dismissed the deputy governor of the central bank, only days after its head was also fired in an abrupt decision that rattled global......

March 28, 2021

In line with its relentless efforts to make world class products and services available to its valuable customers, Commercial Bank on Wednesday (March 31) will host an exclusive webinar,......