LONDON, Jan 15 Having suffered its worst year in
nearly two decades in 2018, Turkey's lira was earmarked by many
as the "comeback kid" of this year - with local policymaking
getting the benefit of the doubt at last and global currency
LONDON Having suffered its worst year in nearly two decades in 2018, Turkey's lira was earmarked by many as the "comeback kid" of this year - with local policymaking getting the benefit of the doubt at last and global currency markets calming.
LONDON Britain's financial watchdog has dropped a criminal probe into Credit Suisse related to an alleged fraud in Mozambique, but is still checking the bank and individuals for any breaches of conduct rules, the watchdog said on Tuesday.
LONDON, Jan 14 Global stock markets and
commodities took a hit on Monday after a shock contraction in
Chinese trade pointed to deepening cracks in the world's
second-largest economy and sparked fears of a sharper slowdown
in global growth.
* Europe stocks fall with auto stocks, luxury goods
* European export-focussed tech, auto sectors record healthy
* Markets show little reaction to Trump's address on border
NEW YORK/LONDON Three former Credit Suisse Group AG bankers were arrested in London on Thursday on U.S. charges of involvement in a fraud involving $2 billion (£1.58 billion) in loans to state-owned companies in Mozambique, U.S. prosecutors and British police said.
LONDON A gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge -- firing a warning shot for world markets and the global economy in 2019.
LONDON European fund managers cut equity exposure to a six-month low and upped cash holdings at the end of a tumultuous year for financial markets, which have been increasingly rocked by concerns over the health of the global economy.