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Bank of America takes aim at gun-making clients

BankofAmericaCorponSaturdaybecamethelatestfinancialheavyweighttotakeaimatgunmakers,sayingitwouldaskclientswhomakeassaultrifleshowtheycanhelpendmassshootingslike

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Israeli forces raid West Bank, arrest at least 15 Palestinians

IsraeliforcesstormedseveralareasthroughouttheWestBankMondaymorning,arrestedatleast15Palestinians,confiscatedequipmentfromfarmersanddemolishedahistoricalbuilding

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Deutsche Bank CEO expects to move far fewer than 4,000 jobs for Brexit

DeutscheBank’s(DBKGn.DE)chiefexecutiveexpectstomovefarfewerthan4,000jobstoFrankfurtfollowingBritain’sdeparturefromtheEuropeanUnion,hetoldSwissdailyNeueZuercherZ

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World Bank predicts global growth this year followed by slowdown

TheWorldBankhasforecastthatglobaleconomicgrowthwilledgeupto3.1percentthisyearafterastronger-than-expected2017,butwarnsthatitwillslowinthelongterm.Theforecastis0

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Israeli forces shut down access to 2 villages in West Bank

IsraeliforcesshutdownMondayaccesstotwoWestBankvillages,nearNabluscity,byplacingearthmounds,accordingtoPalestiniansources.GhassanDaghlas,whoisinchargeofthedocume

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South Korea inspects six banks over clients' virtual currency accounts

SouthKorea’sfinancialregulatorsaidonMondayitisjointlycarryingoutinspectionsonsixlocalbanksthatoffervirtualcurrencyaccountstoinstitutionsamidgrowingconcernsincre

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Russian bank to fund Iran's development projects

IranwillusefundsfromtheEximbankofRussiatoimplementsomeinfrastructureprojects,localmediareportedonSunday.TheCentralBankofIranandtheExportInsuranceAgencyofRussias

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World Bank approves 300mln USD to modernize agriculture in Pakistan

ByAPDwriterMuhammadSohailISLAMABAD,Dec.16(APD)--TheWorldBankhasapproved300millionUSdollarsasaloantomodernizeagricultureinPakistan’seasternPunjabprovinceleadingt

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Malaysia, Indonesia, Thailand launch local currency settlement framework

ThecentralbanksofMalaysia,IndonesiaandThailandlaunchedalocalcurrencysettlementframeworkonMondayastheyseektofurtherpromotetradeandinvestmentineachother.Thethreec

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China imposes record fine on Guangfa Bank

China’sbankingregulatorhasconfiscatedillegalincomeandimposedfinesonChinaGuangfaBanktotaling722millionyuan(109millionUSdollars)forprovidingillegalguaranteesforde

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German watchdog reportedly investigating Deutsche Bank shareholder HNA

Germany’sfinancialwatchdogBafinhasbegunaninvestigationintothestockmarketdisclosuresofChineseconglomerateHNAGroup,thebiggestshareholderinDeutscheBank,aGermannews

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Bank of France warns on bitcoin speculation

Bitcoinisaspeculativeassetandpeoplewhoinvestinitdosoattheirownrisk,theBankofFranceGovernorFrancoisVilleroydeGalhauwarnedonFridayafterrecentvolatiletrading.“Wene

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Bank of China operations launched in Pakistan officially

ByAPDWriterMuhammadSohailISLAMABAD,Nov.8(APD)--TheBankofChinahaslauncheditsoperationofficiallyinPakistan,byinauguratingitsfirstbranchinPakistanisouthernportcity

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World Bank sets spring 2018 target to enhance financial capacity

TheWorldBankGroupisaimingtodevelopnewmeasurestoenhanceitsfinancialcapacityandhaveitsboarddecideonthematitsnextspringmeetingsinApril2018,aspokesmanfortheinstitut

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Urban poor in East Asia and the Pacific need infra, jobs and services

ByAPDwriterMeloM.AcunaMANILA,Oct.4(APD)–MostcitiesinEastAsiaandthePacifichavefailedtobuildinfrastructure,providejobsandextendservicestopeoplewhocontinuetoflockt

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AIIB, World Bank approve funding for metro Manila flood management

ByAPDWriterMeloM.AcunaManila,Sept.29(APD)–ThepartnershipbetweentheAsianInfrastructureInvestmentBank(AIIB)andTheWorldBankhasbeenrealizedasbothinstitutionswillnow

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AIIB to invest in IFC fund

TheAsianInfrastructureInvestmentBank(AIIB)hasannounceditwillinvest150millionU.S.dollarsintheInternationalFinanceCorporation(IFC)'sEmergingAsiaFundtoaddressthein