SINGAPORE, Dec 2 - The Thai baht <THB=> fell to its lowest level in nearly two years on Tuesday and costs rose for protection against debt default as Thailand's deepening political crisis weighed on investor...
NEW YORK, Nov 13 - As bad as Wall Street's outlook was before October, the ongoing meltdown and political pressure guarantees the prospec...
Citigroup Inc may at some point right itself, but its single-digit share price reflects what investors deem reality: it may not be soon.
SINGAPORE, Nov 13 - Trafigura Beheer B.V. said on Thursday it had secured a $200 million syndicated revolving credit facility to fund trading activities amid the global financial turmoil and reduced liquidity in financial markets....
The Federal Reserve has granted a request by American Express Co. to become a bank holding company, opening the door for the credit card giant to accept deposits and permanently access financing from the Fed.
NEW YORK, Nov 6 - The number of credit card offers sent to Americans has declined to its lowest point in over three years, punctuating the extreme credit tightening by banks amid the tumultuous financial...
After years of flooding Americans with credit card offers and sky-high credit lines, lenders are sharply curtailing both, just as an eroding economy squeezes consumers...
The extra yield investors demand to own emerging-market nations' bonds instead of U.S. Treasuries rose 14 basis points to 8.16 percentage points, the highest spread since November 2002, according to JPMorgan Chase & Co.'s EMBI+ index. The MSCI Emerging Markets Index of shares fell 3.3 percent
NEW YORK, Oct 12 - Last-ditch efforts to unclog credit markets and halt a record slide in stock markets from Tokyo to Wall Street should ease serious strains in the global financial system, but the...
Despite economic turmoil and the ongoing bailout drama, the greenback has rallied lately. Experts see more gains ahead...which should help fight inflation...