On August 17, 1998 Russia announced it’s defaulting on its debt
The main factor that affected the trading of shares of Russian companies in August was anticipation of the new US sanctions
The global economy at present hardly faces a crisis of a scale occurred in 2008-2009, expert believes
States like Ohio are placing their surpluses in rainy-day funds, but cities that have suffered because of cuts since the recession say it is time to loosen up.
In a region where farm troubles can ripple through the economy, even backers of President Trump are wary of the damage a tariff battle could cause.
Standard & Poor’s lowered its rating on Turkey’s sovereign debt, which were already rated as junk.
Turkish currency falls 5% at the end of a tumultuous week; European stocks drop after Turkish court rejects US pastor’s appeal for release 2.46pm BSTThe Turkish lira has taken another battering today, falling 5% to 6.1 to the dollar (it lost nearly 7% at one stage) and the Turkish stock …
By rejecting the conventional approach, Erdoğan risks greater trouble – and not just for TurkeyWhether by accident or design, Turkey is trying to rewrite the chapter on crisis management in the emerging-market playbook. Rather than opting for interest-rate hikes and an external funding anchor to support domestic policy adjustments, the …
Beleaguered high streets cheered by rise but long-term trend spells more shop closures and job losses England’s extended World Cup run and the summer sunshine gave an unexpected lift to retail sales in July as consumers spent heavily on supermarket food and drink.Heavy discounting by clothing stores also brought shoppers …
The stock of Kotak Mahindra Bank declined 3.62% on Thursday to hit a three-month low of Rs 1,244.90 on Thursday on the BSE after the lender said the Reserve Bank of India (RBI) had rejected its proposal to issue non-convertible preference shares to reduce promoter holding.
We expected Q1 to be relatively muted for Indraprastha Gas (IGL) as typically, volume growth is muted (summer holidays). Also, we expected a negative impact of sharp rupee weakness.
Secretary of State Mike Pompeo has formed a group to coordinate and run US policy toward Iran as the Trump administration moves ahead with efforts to force changes in the Islamic Republic’s behaviour after withdrawing from the 2015 Iran nuclear deal.
Glenmark Pharmaceuticals (GNP) reported weak Q1FY19 numbers on muted expectations with revenue and PAT declining 9% and 30% year-on-year, respectively.
State Bank of India (SBI) has put on sale a fresh batch of non-performing assets (NPAs) worth Rs 383 crore, days after it put on the block two accounts with a total outstanding of Rs 2,490 crore.