A court-appointed special master recommended a nearly $7.4 billion bid from Venezuela creditor Gold Reserve for the country’s state-owned oil refiner Citgo Petroleum, roughly double the prior ...

Parliament is set to hold public hearings on the South African Reserve Bank Amendment Bill, which aims to nationalise the central bank and make the State its sole shareholder.

All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous ...

The World Bank Group is considering financing $500 million of South Africa's participation in a new credit guarantee facility meant to unlock private financing for a massive transmission grid ...

A federal appeals court has revived a Catholic worker’s lawsuit against the Federal Reserve Bank of New York over the bank’s having fired her for refusing to take a COVID-19 vaccine on ...

Rajiv Anand of Axis Bank is emerging as a strong candidate for the IndusInd Bank CEO role. With RBI's June 30 deadline nearing, other names like Rahul Shukla and Anup Saha are also being considered.

Robust US jobs data prompted bond traders to extinguish bets of a Fed rate cut this month, while the chance of a Reserve Bank cut in August also lowered.

All the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less ...

Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut interest rates at the end of this month amid mounting risks to the economy and ...

The Fed meets 8 times a year to set monetary policy that affects how Americans borrow and save. Here's when its rate-setting committee meets next — plus a recap of past meetings.

President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very soon.” The problem is that Powell still has 11 months left until the ...

Standard Bank South Africa, in partnership with the South African Chamber of Commerce and Industry (Sacci), has launched an export readiness programme aimed at helping KwaZulu-Natal-based small and ...