Positive Q2 growth helps GBP make gains on USD, but despite positive economic performance in both countries, central banks appear unsure over interest rate hike
Chinese stock markets fell through the floor recently, but is strong business sentiment likely to fix the fault? World Finance spoke to Philip Uglow, MNI Indicators Chief Economist
China has cut both its key lending rate and the reserve requirement ratio in a bid to restore balance to the market
More than 20,000 micro-business owners have graduated from Banco Occidental de Descuento’s entrepreneurship schools this year, says bank president Victor Vargas
The IMF maintains that recent challenges in China are a natural part of the country’s transition to safe and sustainable growth
The People’s Bank of China has devalued the RMB for a third day in a row to reflect changes in how the currency’s value is calculated
Study argues that the post-crash regulatory framework is causing a liquidity shortage in markets and should be reviewed
Following a challenging year for the bank, HSBC could be on the verge of moving its headquarters from London
While US jobs figures for July were below expectation, employment growth should be sufficient for anticipated September interest rate rise
The Greek stock market finally reopens and the result is as bad as can be expected with banks plunging by the maximum daily limit
A stronger focus on diversification may be one positive effect in Brunei of low oil and gas prices, says Baiduri Bank’s Pierre Imhof
US financial authorities have ordered Citibank to remunerate credit card users it has been found to have deceived
New rules approved by the Federal Reserve will require the country’s eight largest banks to increase capital holdings
Ghana’s future looks bright, says Daniel Asiedu, but financial institutions must visibly support the government to stay on a growth path
The number of people across the globe with access to banking is increasing, but there is still much to be done