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Money
Emirates NBD sees 62% plunge in Q4 profits
Emirates NBD, Dubai's largest bank, posted a 62-percent decline in fourth-quarter net profit, it said in a…
EU to ban Iran banks from using Swift
The EU intends to ban Iranian banks from conducting global financial transactions, senior US and EU diplomats have…
Legal lifeline for bankrupt firms
Dubai: Bankruptcy proceedings have an inevitable air of finality about them. They dissect the circumstances that…
Ukraine Sees No Default without IMF Funds
Ukraine is continuing talks on a new tranche of the IMF’s $15.15 billion loan but sees no risk of default without…
S. Korea’s Eximbank forms consultative body with Chinese banks
South Korea's state-run Export- Import Bank of Korea (Eximbank) said Wednesday that it has signed an agreement to…
BNP Paribas Fourth-Quarter Profit Beats Estimates
BNP Paribas SA (BNP), France’s largest bank, reported fourth-quarter profit that beat analysts’ estimates and…
World Bank approves US$ 240 million aid to improve Egypt’s electricity station
Amwal Alghad World Bank approved on Tuesday offering US$ 240 million aid to improve Egypt’s electricity station in…
Commonwealth Bank First-Half Profit Rises 19% on Debts
Commonwealth Bank of Australia, the nation’s biggest bank by market value, said first-half profit rose 19 percent…
Greek leaders blow chance of quick EU bailout approval
Euro zone finance ministers have dropped plans for a face-to-face meeting on Wednesday on Greece's new…
China to keep investing in euro zone debt: China c.bank
China will continue to invest in euro zone government debt, the country's central bank governor said on…
