Pound Dips With Euro as Trading Week Gets Underway: Markets Wrap

Currency markets saw muted moves in early trading on Monday, though sentiment remained fragile after a rough start to the month for...

IMF Approves US$65.6 Million in Disbursements to Dominica, Grenada, and St. Lucia

The Executive Board of the International Monetary Fund (IMF) approved disbursements to Dominica, Grenada, and St. Lucia following their requests under the...

5 Safe S&P 500 Dividends Up To 8.5%

In normal times, we contrarians are stuck combing the market’s backwaters—REITs, closed-end funds (CEFs) and the like—in our hunt for outsized dividends.

Wall Street drops as oil traders cannot give away U.S. crude

Wall Street tumbled on Monday after U.S. crude futures turned negative for the first time ever, with traders forced to pay to...

Finance minister rejects 100% guarantee for small business loans

British finance minister Rishi Sunak said on Tuesday that he was still not persuaded that the government should offer a 100% guarantee...

Global shares mostly lower amid worries on pandemic toll

Global shares mostly fell Wednesday amid uncertainty over the coronavirus outbreak, which continues to claim more lives around the world.

Egypt sets limits for withdrawals and deposits from banks due to coronavirus

The Central Bank of Egypt announced on Sunday that it will impose a temporary daily limit for withdrawals and cash deposits...

Lebanon’s financial prosecutor freezes assets of 20 banks

Lebanon’s financial prosecutor froze the assets of 20 Lebanese banks, their top bosses and board members as part of a probe,...

G7 finance ministers plan call on Tuesday on coronavirus: sources

G7 finance ministers are expected to hold a conference call on Tuesday to discuss measures to deal with the economic impact of...

Pakistan to get 13-mln-euro grant from EU for improving financial management

The European Union (EU) under its Public Financial Management Support Program is supporting Pakistan in improving fiscal policies and budget preparations with...

Dow, S&P 500 decline after Apple’s sales warning

The Dow and S&P 500 fell on Tuesday after a sales warning from Apple left investors assessing the impact of the...

Shares fall in Asia as virus outbreak hits profits, events

Shares slipped in Asia on Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying...

Asia stocks decline amid warnings China virus still a threat

Global stock markets slid Monday after China reported an uptick in new virus cases and analysts warned optimism the disease is under control might...

Global stocks surge after Trump acquitted, China virus aid

Global stocks rose Thursday after U.S. President Donald Trump was acquitted in an impeachment trial and China cut tariffs on U.S. imports and provided...

Jordan agrees $1.3bn IMF programme – Petra

Jordan has agreed a new $1.3bn programme with the International Monetary Fund (IMF) and will receive a first instalment of $140m by the end of...