Pakistan Rupee Slumps to Record Low on Growing Headwinds
Pakistan’s rupee declined to a new low on growing headwinds from a stronger greenback and deteriorating external finances.
Pakistan’s rupee declined to a new low on growing headwinds from a stronger greenback and deteriorating external finances.
A state-owned German bank tapped loonie bond investors, potentially encouraging other top-rated issuers to follow suit just as Prime Minister Justin Trudeau’s government mulls canceling Canada’s mortgage bond program.
Some three months after an election that represented one of the biggest challenges in years to Thailand’s royal establishment, the country finally has a new prime minister — and it’s someone who has the support of forces aligned with the palace.
The California Public Employees’ Retirement System is being cautious in its approach to China because of the political blowback it could face for betting on a geopolitical rival of the US, according to Chief Investment Officer Nicole Musicco.
A southern African bloc of nations backed a $17 billion natural gas infrastructure plan to bolster energy supplies on a continent where almost half of the population lacks access to power.
The world’s biggest listing this year may be that of a British firm, but in Arm Ltd.’s home market there’s much lament over its decision to sell shares in New York over London.
Hawaii property owners are seizing on a legal shortcut used by fire victims in California to secure compensation from Hawaiian Electric Industries Inc. for damages following the fires that ravaged Maui.
Financial companies around the globe have sold $2 trillion of bonds in record time this year as European lenders raised money to repay cheap central bank loans and Chinese companies bolstered their balance sheets against mounting economic stress.
Deutsche Bank AG is a creditor to a Singapore company whose two directors were arrested for their roles in an alleged money laundering and forgery ring.
The UK government transferred £14.3 billion ($18.3 billion) to the Bank of England in July, the single biggest state transfer to the bank on record, in order to meet shortfalls in its monetary stimulus program.