AJ Impact

Is Lebanon's central bank governor to blame for fuel shortages?

Riad Salameh is facing criticism from detractors over policies they feel caused the country's financial instability.

Is Lebanon's central bank governor to blame for fuel shortages?

AJ IMPACT

Gold prices in India hit 5-month high amid growing demand

The country's gold imports fell for the fourth straight month, while demand in China remained muted.

Gold prices in India hit 5-month high amid growing demand

AJ Impact

Indian rupee falls sharply after Moody's lowers rating outlook

Moody's says ineffective government economic policies have led to an increase in debts which were already high.

Indian rupee falls sharply after Moody's lowers rating outlook

AJ Impact

Brazil's economy minister won't bow to political pressure

Former fund manager Paulo Guedes wants economic reforms to curb government debt in the world's ninth-largest economy.

Brazil's economy minister won't bow to political pressure

AJ Impact

Erdogan calls US charges against Turkey's Halkbank 'unlawful'

'These were filed as part of the sanctions introduced against our country by the US,' says Halkbank.

Erdogan calls US charges against Turkey's Halkbank 'unlawful'

AJ Impact

Why aren't active fund managers flocking to Saudi stocks?

Reputational risk and high valuations of Saudi shares are keeping active fund managers at bay, says analysis.

Why aren't active fund managers flocking to Saudi stocks?

AJ Impact

Five in a row: India's central bank cuts rates again

The quarter-percentage-point cut is the Reserve Bank of India's latest attempt to revive sluggish economic growth.

Five in a row: India's central bank cuts rates again

AJ Impact

Saudi Aramco plans $75bn dividend in 2020

Aramco's proposed 2020 payout would still leave dividend yields below those already offered by major oil competitors.

Saudi Aramco plans $75bn dividend in 2020

AJ Impact

Oil attacks push down bond values for Saudi Arabia and Aramco

Increased geopolitical risk and supply disruption had 'credit negative' effect on country and company financial profile.

Oil attacks push down bond values for Saudi Arabia and Aramco

AJ Impact

Oil price spike dents Indian assets on inflation concerns

India's large oil imports make it highly vulnerable to surges in crude prices, like the one following the Saudi attack.

Oil price spike dents Indian assets on inflation concerns

AJ Impact

Vulture funds are circling Argentina, waiting to buy

Argentina is again looking like a ripe target for funds that specialize in wringing value out of distressed assets.

Vulture funds are circling Argentina, waiting to buy

AJ Impact

Mexico central bank slashes growth forecast to lowest since 2009

Worries over its state-owned oil company and global trade tensions will affect Latin America's second-largest economy.

Mexico central bank slashes growth forecast to lowest since 2009

AJ Impact

To shore up peso, Argentina breaks IMF rule

Argentina's IMF deal sets a $250m daily limit on foreign-reserve sales, but on Tuesday, the central bank sold $320m.

To shore up peso, Argentina breaks IMF rule

AJ Impact

Russian ruble takes a hit from US sanctions, hits two-month low

President Trump signs an executive order increasing pressure on countries under sanction for using chemical weapons.

Russian ruble takes a hit from US sanctions, hits two-month low

AJ Impact

Venezuela wants to sell bonds, but who is going to buy them?

$60bn worth of government bonds is up for sale, but demand is low and sanctions are keeping global investors away.

Venezuela wants to sell bonds, but who is going to buy them?