BREAKING NEWS

Foreign exchange market

Business

Federal Reserve reveals slowdown worries

Federal Reserve January policy meeting minutes show the central bank considered changing the central bank's interest rate hike plans because of a global slowdown and financial market sell-off.

Federal Reserve January policy meeting minutes show the central bank considered changing the central bank's interest rate hike plans because of a global slowdown and financial market sell-off.

Business

Zimbabwe slashes 16 zeros from currency but dollar still a joke

From next Monday Zimbabweans with have their mental arithmetic simplified for them with the news some zeros are coming off the currency. Quite a

From next Monday Zimbabweans with have their mental arithmetic simplified for them with the news some zeros are coming off the currency. Quite a

News

Five global banks to pay €5 billion for rate rigging

Five of the world’s biggest banks have been fined over 5 billion euros. Four of the banks: Citigroup, JP Morgan Chase, Royal Bank of Scotland and

Five of the world’s biggest banks have been fined over 5 billion euros. Four of the banks: Citigroup, JP Morgan Chase, Royal Bank of Scotland and

Business

Five global banks fined €5-bln over rate rigging

Five of the world’s biggest banks will pay nearly five billion euros to US and British authorities for manipulating foreign exchange rates. Four of

Five of the world’s biggest banks will pay nearly five billion euros to US and British authorities for manipulating foreign exchange rates. Four of

Business

Turkish lira hit by tension

The Turkish lira fell to its weakest since the end of January, down almost five percent against the dollar. It comes as emerging markets popularity

The Turkish lira fell to its weakest since the end of January, down almost five percent against the dollar. It comes as emerging markets popularity

Business

Big fines for top banks over foreign exchange market manipulation

In the latest banking scandal five leading banks have been fined after it was found some foreign currency dealers had broken the rules for years by

In the latest banking scandal five leading banks have been fined after it was found some foreign currency dealers had broken the rules for years by

News

Global stocks fall as Hong Kong pro-democracy protests spread

Companies exposed to Hong Kong underperformed weaker European stocks as civil unrest in the Chinese city hit banks like HSBC, Citigroup and Standard

Companies exposed to Hong Kong underperformed weaker European stocks as civil unrest in the Chinese city hit banks like HSBC, Citigroup and Standard

Business

Russia cannot ignore power of the markets

The international markets pronounced their verdict on the rising tensions in Ukraine on Monday by selling off the rouble and Russian stocks. The

The international markets pronounced their verdict on the rising tensions in Ukraine on Monday by selling off the rouble and Russian stocks. The

Business

Fed fears fuel emerging economies currency and share turmoil

Investors in emerging economies – particularly Asia – remain jittery amid turmoil in their stock exchanges and as currency values tumble. The

Investors in emerging economies – particularly Asia – remain jittery amid turmoil in their stock exchanges and as currency values tumble. The

Business

Spanish fever recurs, pushing up borrowing costs

Investors have become wary of Spain’s financial health again, forcing the government to pay ever more to borrow money. Ten year bonds went above 6

Investors have become wary of Spain’s financial health again, forcing the government to pay ever more to borrow money. Ten year bonds went above 6

Business

Shaky start for UniCredit rights issue

Shares in UniCredit slumped again on Monday— so much that they were briefly suspended from trading on the Milan Stock Exchange — as Italy’s biggest

Shares in UniCredit slumped again on Monday— so much that they were briefly suspended from trading on the Milan Stock Exchange — as Italy’s biggest