UK inflation unexpectedly accelerated to the fastest in more than 5 1/2 years in November, which will force Bank of England governor Mark Carney to explain why price growth is so far above his policy target.
ANZ Bank unveiled plans yesterday to offload its life insurance arm to Zurich for Aus$2.85bn (US$2.14bn), making the Swiss giant Australia’s largest retail life insurer by premiums.
Unibail-Rodamco SE, Europe’s largest commercial landlord, agreed to buy Australia’s Westfield Corp for about A$21bn ($15.8bn) in the biggest property acquisition since 2013 as declining store sales push mall operators worldwide to merge.
Issuers of Islamic bonds are changing the language in documentation for new issues to reassure investors after a UAE company refused to redeem $700mn of maturing sukuk.
The global Islamic finance industry reflected improved performance in 2017, extended its global footprint and, particularly in the Gulf Cooperation Council (GCC) nations,...
Investors may be underestimating Mario Draghi’s ability to deliver a hawkish message and rattle the markets just before the year ends.
Add Canadian Solar to the growing list of panel manufacturers looking to ditch public markets and go private.
India’s $2.3tn stock market has become a magnet for investors since Prime Minister Narendra Modi took office more than three years ago.
Asian markets mostly fell after a recent rally as investors cashed in while also looking ahead to key central bank meetings that could provide some idea about monetary policy in the new year.
Cracks are emerging in what has been the only hot part of China’s debt market this year – convertible bonds.
The Qatar Stock Exchange on Tuesday surpassed 8,000 levels with ease, mainly on sustained buying interests of foreign institutions.