Lebanon’s Central Bank has set a new exchange rate that effectively devalues the country’s currency by 90% but did little to bridge the gap with the soaring black market rate
Asian stock markets are higher after Wall Street rose ahead of what traders hope will be the last Federal Reserve interest rate hike for some time
Europe’s economy has scraped out meager gains at the end of last year as galloping inflation fed by high energy prices and Russia’s invasion of Ukraine deterred people from spending in shops and restaurants
Global shares are lower in muted trading as investors await decisions on interest rates and updates on corporate earnings reports from around the world
Goldman Sachs spent eight years attempting to expand its business beyond corporations and the wealthy
Hundreds of protesters have gathered near the Central Bank in the Iraqi capital, Baghdad, angered by the recent devaluation of the Iraqi dinar and demanding the government take action to stabilize the currency
Iraq’s prime minister has replaced the governor of the country’s Central Bank following a weekslong plunge of the Iraqi dinar
Shares are higher in Asia, but most markets are closed for the Lunar New Year holiday
Shares are higher in Europe and Asia after Wall Street declined on worries that the U.S. economy is headed for recession
Asian stock markets are higher after Wall Street losses deepened as worries grow that the U.S. economy is headed for recession