Interviews with multiple bank executives indicate that the new accounting rules are expected to diminish dividend payouts and slow down loan book expansion as the lenders react to capital erosion from the provisions and impairments. Banks have had the option of gauging provisions for their bad debt
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The two most critical forecasts of global oil markets offer contrasting visions for 2018: one in which OPEC finally succeeds in clearing a supply glut, and another where that goal remains elusive. In the estimation of the Organization of Petroleum Exporting Countries, production curbs by the cartel and its
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Donald Trump's first year in office seems to have been marked, above all, by his verbal incontinence. America's tweeter-in-chief kept several continents rapt with his early-morning offerings. In his lack of inhibition and tact, Trump is the opposite of Barack Obama. At the same time, Obama's decorum
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The cryptocurrency has wowed markets this year with breakneck gains as investors flocked to an asset that exists only in cyberspace.
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