Despite concerted efforts by major emerging economies, genuine de-dollarisation remains not merely difficult but fundamentally impossible in the foreseeable future.

KCCA previously received Shs10 billion from the road fund and between Shs48 billion and Shs78 billion annually from the ...

The final trading day of the week showed some exhaustion on Wall Street after Trump made clear he’s determined to move ...

At the upcoming BRICS summit in Brazil, member nations are expected to intensify their push for local currency settlement and ...

Cash is the lifeblood of the Gaza Strip’s shattered economy, and like all other necessities in this war-torn territory — food, fuel, medicine — it is in ...

Services like doorstep banking, currently a pilot in many areas, must be scaled and institutionalised for those who ...

Issuer triples FRN size to $2.25bn ◆ Pricing came inside fixed rate secondary levels ◆ Sterling, Kauri deals also done this ...

To allow an individual, or group of rogue political insiders to second guess professionals at the Fed would be a monumental ...

The talks are at very early stages and there is no certainty the changes will be implemented or when any decisions could be ...

Malaysia’s anti-graft agency is looking to seize and forfeit more than 3 billion ringgit ($705 million) worth of assets that are linked to the late tycoon and former finance minister Daim Zainuddin, ...

Colombo All Share Price Index has surpassed 18,500 mark, hitting a fresh record high on Friday after US president Donald ...