TheWorldBanksaidonSaturdaythatitsshareholdersendorsedacapitalincreasepackage,aseriesofinternalreforms,andasetofpolicymeasurestostrengthentheinternationallender'
Thepoundhascontinueditsrecentstrongrunagainstthedollarpushingfirmlyabove$1.43.ItistheseventhsessioninarowthatthepoundhasmadegainsagainsttheUScurrency.Thestrongr
Britishpoundhascontinueditsrecentstrongrunagainstthedollarpushingfirmlyabove$1.43.ItistheseventhsessioninarowthatBritishpoundhasmadegainsagainsttheUScurrency.Th
TheUSissettoconfirmitssupportfora13-billion-US-dollarcashinjectionintotheWorldBank,inreturnforchangestothewaythebankhandsoutloans,meaningcountrieslikeChinacould
ByAPDwriterMeloM.AcunaMANILA,April13(APD)–WorldBankeconomistsseegrowthinEastAsiaandPacifictoremainstrongandreach6.3percentin2018.ThiswasthegistofWorldBank’secon
China'sstateeconomicplannerreleasedadocumentWednesdaytoguidethedevelopmentofoutboundinvestmentandfinancingfunds,eyeingmorecapitalfortheBeltandRoadInitiativeandb
FILE-InthisMay19,2016filephotothenHeadofPrivateandBusinessClients,ChristianSewing,attendsanannualnewsconferenceofDeutscheBankinFrankfurt,Germany.Germanmediaarer
ChristianSewing,currentlyco-deputychiefexecutiveofficerofDeutscheBank(DBKGn.DE),istobecomethenewCEOofGermany’sbiggestlender,replacingJohnCryan,DerSpiegelreporte
Malaysia’scentralbanksaidonThursdayithadfoiledacyberattackinwhichfraudulentmessagestotransferfundsweresentontheSWIFTtransactionsplatform,thelatestinaseriesofele
ByAPDwriterEaswaranRutnamCOLOMBO,March29(APD)--SriLankasaidthattheopeningoftheBankofChinainSriLankawillbeimportantforinvestmentsandalsoSriLanka'seconomy.PrimeMi
ByAPDwriterRishikaChauhanNEWDELHI,Mar.15(APD)-WorldBank’slatestbiannualIndiaDevelopmentUpdatereleasedonWednesday,highlightsthatIndia’sgrowthratewillrisesoon,how
ChileanbankingregulatorSBIFonTuesdaysaidithadauthorizedBankofChinaLimited,oneofChina’slargestbanks,tooperateinthecountry,afurthersignofdeepeningeconomictiesbetw
APalestinianyoungmandiedofhiswoundssufferedduringclasheswithIsraelisoldiersonFridayafternoonintheWestBank,localmedicssaid.ThePalestinianRedCrescentSocietysaidin
India'sbiggest-everbankfraudof1.8billionU.S.dollarsisgettingmurkierwitheachpassingday.Afterthestate-ownedPunjabNationalBank,whichistheepicentreofthefraud,twooft
India'sFinanceMinistryThursdayorderedtheclosureof35branchesofstate-ownedbanksinforeigncountries,daysafterthecountry'sbiggest-everbankfraudof1.8billionU.S.dollar
PunjabNationalBank(PNB)saidtheamountoffraudulenttransactionsinvolvingthebankcouldgoupbyabout$204millioninadditiontothe$1.77billionithadearlierreported,sendingsh
Latvia'stroubledABLVBank,whichUSauthoritiesaccusedofinvolvementinmoneylaunderingschemesandbribery,islikelytobeliquidatedastheEuropeanCentralBankhasdeterminedtha
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