Turkey’s inflation cools in June
Turkey's inflation rate eased in June for the first time in eight months, marking a faster-than-expected slowdown…
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Turkish inflation expected to ease for first time in eight months
Turkish inflation is expected to show signs of deceleration, sending some relief from a prolonged cost-of-living…
Turkey to reconsider rate hike
Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
Turkish inflation rise puts central bank resolve to test
Monthly inflation in Turkey surged to its highest since August of last year, which may put the central bank's…
China banks could face $350bln losses from property crisis
China’s banks face mortgage losses of $350 billion due to lack of confidence in the nation’s property market and…
JPMorgan ends WaMu disputes with FDIC, to receive $645 million
JPMorgan Chase & Co (JPM.N) on Friday said it will receive $645 million in a settlement of litigation with the…
Switzerland probes 7 banks over precious metals trading
Competition authorities in Switzerland announced Monday that they are investigating seven big banks over the…
Deutsche Bank probes $6 billion Suspected Money Laundering: Source
Deutsche Bank AG (DBKGn.DE) is looking into possible money laundering transactions by some of its clients in Russia…
Australia Raises A$5.7 Billion Selling Medibank in IPO
Australia raised A$5.68 billion ($4.9 billion) selling shares of Medibank Private Ltd. in the country’s…
Barclays to Raise 5.8 Billion Pounds in Rights Offering
Barclays Plc (BARC), the U.K.’s second-largest bank by assets, said it will raise 5.8 billion pounds ($8.9 billion)…
JP Morgan Group Delegation To Visit Egypt Today To Discuss Sukuks
Dr. Ahmed El Naggar, Adviser to Egypt’s Minister of Finance and responsible for Sukuk draft file, announced that US…
Deutsche Bank’s Legal Woes Deepen As Overhaul Hits Profit
Deutsche Bank AG (DBK)’s announcement yesterday that earnings will suffer this quarter added to a cacophony of…
Deutsche Bank Tackles Ackermann Legacy In Strategy Revamp
Deutsche Bank AG (DBK) co-Chief Executive Officers Anshu Jain and Juergen Fitschen, less than four months after…
Banks Lifts Europe Shares Ahead of ECB Decision
Banks lifted European stock markets on Wednesday, as investors awaited an interest rate decision from the European…
Europe Shares Choppy On Europe, China Concerns
European stock markets were volatile on Friday, with banks up on speculation of a short-selling ban, while miners…
Europe Shares Lower On Greek Concerns
European stock markets dropped early Wednesday as investors again shed bank and resource stocks on the political…
Europe Shares Inch Higher
European shares markets moved mostly higher on Thursday, as well-received results from heavyweight companies…
Apple Profits Surge 94% On IPhone Growing Global Demand
Apple Inc. (AAPL) profit almost doubled last quarter, reflecting robust demand for the iPhone in China and…
Nestle To Buy Pfizer Infant-Food Unit For $ 11.9 Bln
Nestle SA (NESN), the world’s biggest food company, agreed to buy Pfizer Inc. (PFE)’s infant-nutrition unit for…
U.S Stocks Rise, End Two-Week Slump On Defensive Shares
U.S. stocks rose, breaking a two- week slump, as industries considered the safest investments led gains after…
Deutsche Boerse, L’Oreal, Santander: European Equity Preview
The Stoxx Europe 600 Index rose 0.7 percent to 263.17. The Stoxx 50 Index increased 0.9 percent to 2,489.86. The…