Asia is more at risk from any disruption to Middle East oil supplies than Europe or the US but is less prepared to deal with such a scenario, according to a new report from Britain's Royal Institute of International Affairs.
Arab finance ministers have shrugged off any threat to their economies from political upheaval and a global slowdown, saying ample cash reserves and mutual support would ensure they withstand new shocks.
The 22 ministers promised to help e
The Swiss National Bank shocked markets on Tuesday by setting a minimum exchange rate for the Swiss franc against the euro, in a move which sent European shares and the price of gold down.
The SNB exchange rate cap move disc
Qatari banks are strong but exposed to a real estate shock and economic downturn, said Standard & Poor's Ratings Services in a report published on Monday.
"In Bank Industry Risk Analysis: Qatar," Standard & Poor's ranks the Qatari
Engineering group ABB's chief executive Fred Kindle has left after a clash over strategy, in a shock move announced on Wednesday amid speculation over his plans for acquisitions.
The Swiss-based company also announced a share buyback progr