Russia's embattled ruble ends 5-day rally, drops 4 percent
The Russian currency has ended its five-day rally and declined 4 percent as the markets remain jittery over the outlook of the Russian economy.
Rate Increase Fails to Stop Ruble Free Fall
Despite a rate increase to 17%, the Russian currency hit record lows amid a perfect storm of low oil prices, looming recession, and Western Ukraine sanctions.
JPMorgan reveals a DOJ criminal investigation involving its foreign exchange business
JPMorgan Chase says the Justice Department has opened a criminal investigation into its foreign exchange business.
Nestle reports 3 percent sales drop but steady organic growth amid strong Swiss franc
Nestle, the world's biggest food and drink company, has reported a 3 percent drop in group sales for the first nine months of the year, impacted by weakness in currencies against the Swiss franc and other costs.
A little over 2 weeks until Scotland independence vote, pound hit by narrowing in 'no' lead
The British pound slipped sharply after an opinion poll showed that those advocating Scottish independence from the United Kingdom have gained ground, a little more than two weeks before the vote.
Amid speculation European Central Bank will back a stimulus, euro falls to one-year dollar low
The euro has fallen to a one-year low against the dollar as Europe's single currency remains under pressure ahead of this week's policy meeting of the European Central Bank.
Is It Time To Buy Russian Bonds?
With the focus on the Winter Olympics in Sochi and the showcasing of President Vladimir Putin’s reinvented Russia, perhaps it is time to ask the question: should you buy Russian debt?