The ruble hit a 17-month low against the dollar Monday, highlighting the growing squeeze on Russia's economy from Western sanctions and a slump in export revenues.

LOS ANGELES--(BUSINESS WIRE)--Aug 14, 2023--

Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.

South Africa's official unemployment rate of 33% is the highest in the world, outstripping those of Gaza and the West Bank, Djibouti and Kosovo

SHANGHAI/SINGAPORE China's central bank is expected to keep rates on its medium-term policy loans unchanged on Tuesday, a

The Russian rouble fell past the psychologically key 100 per U.S. dollar on Monday. President Vladimir Putin's economic advisor said

MOSCOW (Reuters) -The rouble fell past 100 per U.S. dollar on Monday just as President Vladimir Putin's economic advisor said

SYDNEY Australia's labour regulator cleared the way for strike action at Chevron's Wheatstone platform if workers vote in

By Sinead Cruise and Carolina Mandl LONDON/NEW YORK Global investors are losing confidence in securities linked to shares

By Yoruk Bahceli Financial markets barely flinched when Fitch stripped the United States of its top credit rating,

By Paritosh Bansal Fund managers are worried the Biden administration's move to restrict some outbound U.S. investment to

This week’s new entertainment releases include albums from Irish singer-songwriter Hozier and Idina Menzel, the animated “The Monkey King” from Stephen Chow and Jennifer Lawrence’s R-rated comedy “No Hard Feelings.”