Paul A Renaud also hits the nail right on the head by highlighting the diversionary effects of stock market speculation and how this undermines the primary purpose of capital markets, which is to ...

One swallow does not make a summer, however, Moody's recent decision to downgrade the United States from its top credit rating mirrors similar decisions from the two other major US ratings agencies, ...

Companies need to translate foreign ... currency – for example, a London subsidiary using the British pound. In the current rate method, assets and liabilities use the current, or "spot ...

ISLAMABAD: Pakistani rupee on Thursday appreciated by 11 paisa against the US Dollar in the interbank trading and closed at Rs 282.06 against the previous ...

Sri Lanka's current dollar inflows from exports, remittances, tourism and other services exceeded imports was 2.2 billion US ...

Stablecoins are reshaping the money flow across the world. By facilitating payments that are faster, cheaper, and more ...

The U.S. Court for International Trade on May 28 struck down President Donald Trump’s national trade emergency, the reciprocal tariffs he put into effect on April 2 and other tariffs in 2025 including ...

Today, the dollar exchange rate on the Russian interbank market fell below 78 rubles for the first time since May 31, 2023 ...

Wall Street rallied after President Donald Trump delayed a 50% tariff on goods coming from the European Union. The S&P 500 ...

Top finance officials from the world’s seven wealthiest democracies set aside stark differences on U.S. tariffs and agreed to ...