For a Return to the ‘Old Normal,’ Real Rates Must Tick Higher

GCC economies with pegged currencies are expected to face further rise in cost of funds and impact of currency appreciation starting the week ahead.

In selecting AIA Group Ltd.’s Chief Executive Officer Mark Tucker as its new chairman, HSBC Holdings Plc has gotten the right guy.

Part of the Mobileye driving assist system is seen on the dashboard of a vehicle during a demonstration for the media in Jerusalem.

PORT CANAVERAL. Florida – A couple of Florida jet skiers on spring break owe a debt of gratitude to a Port Canaveral harbor pilot and a Brevard County Sheriff Marine Unit deputy for averting a near-tragic situation late Saturday afternoon.

Fuel pump nozzles are pictured at a Helios petrol station in Almaty, Kazakhstan, June 10, 2016. REUTERS/Shamil Zhumatov. By Amanda Cooper | LONDON.

The legislation, if enacted, would allow employers to offer thousands of dollars in savings to workers who submit to a genetic test.

New York — A bronze of a little girl defiantly facing Wall Street’s “Charging Bull” didn’t appear spontaneously in the middle of the night in Manhattan’s financial district.

FRANKFURT Strikes at Berlin’s two airports caused 660 flights to be canceled on Monday as part of an ongoing pay dispute with ground staff.

U.S. dollar note and a Euro coin are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration.

British oilfield services company John Wood Group has agreed to buy Amec Foster Wheeler in a deal valuing its smaller rival at about 2.2 billion pounds ($2.7 billion) and averting a planned 500 million pound rights issue.

A Minneapolis liquor store has gotten a head start on opening for business on Sundays. Surdyk’s (SUR’-dikes), a longtime liquor and cheese store in northeast Minneapolis, opened for business Sunday, despite Minnesota’s new Sunday liquor sales law not …

Bitcoin is making a gigantic comeback. The cryptocurrency plunged more than 16% shortly after US markets closed on Friday, putting in a low of $978, following the US Securities and Exchange Commission’s ruling to reject Winklevoss twins’ exchange …

(RNN) – Gander Mountain will close 32 stores and has filed for Chapter 11 bankruptcy, it announced Friday. “Like many retailers, Gander Mountain experienced challenging traffic patterns and shifts in consumer demand resulting from increased …

A week after Snap Inc., the parent of Snapchat, floated in New York some market pundits have suggested that the shares are a “bad long-term” investment.

Biotechnology stocks are worth celebrating once again—but Gilead Sciences has been shut out of the party. Email; Print; 0 Comments; Order Reprints.

FILE PHOTO: The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato/File Photo.

Philippine President Rodrigo Duterte speaks during a visit in Baguio city, Philippines March 11, 2017. REUTERS/Harley Palangchao. MANILA Philippine President Rodrigo Duterte has ordered the navy to put up “structures” to assert sovereignty over a …

FILE – In this April 2014 file image frame grab from video, provided by the Federal Aviation Administration (FAA), a test at the FAAs technical center in Atlantic City, N.J.