Women have been named to head Saudi Arabia’s stock exchange and a major bank, the institutions announced, despite the kingdom’s social restrictions on females.
Eurozone finance ministers will on Monday seek the outline of a deal to unblock bailout cash for Greece before fraught elections across Europe endanger a quick fix.
European stock markets rose Monday, with gains in London capped by a sharp drop in the share price of Unilever following the collapse of a proposed mega-merger.
Germany will see growth pick up in the first quarter of 2017, powered by industry and consumer spending, the country’s central bank said Monday.
Shanghai stocks closed more than one percent higher on Monday, with traders buoyed by reports that China’s official pension funds may start investing, as markets across Asia saw modest gains.
Thailand’s economy grew 3.2 percent in 2016, a slight increase on the previous year but below the junta’s target as the generals struggle to revive what was once one of the region’s strongest economies.
Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take advantage of government policies intended to stimulate the economy with easy credit.
Mongolia has reached an agreement with the International Monetary Fund on a $5.5 billion bailout package, officials announced, as the debt-wracked country tries to stabilise its economy.
Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports due to the lunar new year.
The four-day International Defence Exhibition and Conference (IDEX) kicked off Sunday in Abu Dhabi with the United Arab Emirates announcing 21 deals worth more than $1.2 billion.
“The Lego Batman Movie” spanked “Fifty Shades Darker” for a second weekend running at North American box offices, an industry group said on Sunday.