China's central bank has signed a 35 billion yuan ($5.7 billion) currency swap deal with its Qatari counterpart, in a step towards expanding use of the Chinese yuan in a region long dominated by the US dollar.
The deal is expe
The sole American prisoner of war held in Afghanistan was being flown to a US military hospital in Germany on Sunday, after he was dramatically freed in a swap deal for five Taliban militants who were released from the Guantanamo Bay prison in C
Abu Dhabi-based Mubadala Petroleum and Royal Dutch Shell have swapped equity stakes in two exploration blocks off Malaysia, the companies said on Sunday.
Mubadala has taken a 20 per cent interest in the Shell-operated deepwater Bl
British banks face another round of compensation claims that could total billions of pounds after the regulator found they had widely mis-sold complex interest-rate hedging products to small businesses.
The interest-rate swaps are
Syrian rebels freed 48 Iranian hostages on Wednesday in exchange for the release of more than 2,000 civilian prisoners held by the Syrian government, the head of a Turkish aid agency which helped broker the deal said.
The Syrian r
International Islamic Financial Market (IIFM) is set to launch a template for Sharia-compliant profit-rate swaps, designed to help in hedging risk in frequent cross-currency transactions next year, said its chief executive.
Ijlal Alvi said
The United States is set to pass narrowly on Tuesday its toughest measures yet to curtail speculation in commodity markets, likely shifting the focus of a fierce four-year debate from the regulators to the courts.
In a measure decried by W
Russia and the US conducted the biggest spy swap since the Cold War yesterday (July 9), trading agents on the Vienna airport tarmac in an evocative climax to an espionage drama that had threatened improving ties.
Two aircraft -- one Russia
The United Arab Emirates central bank on Thursday posted the spot and forward exchange rates for its new swap facilities with maturities ranging from one-week to 12 months.
The central bank of the world's fifth-largest oil exporter sai
Swap agreements allowing non-resident foreign investors indirect ownership in listed Saudi firms will last a maximum four years, the Saudi bourse regulator was quoted as saying on Tuesday.
The Capital Market Authority (CMA) last week said