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Asian markets muted as traders eye further Fed rate hikes warily

Asian markets muted as traders eye further Fed rate hikes warily

BEIJING — Asian stock markets fell on Monday after Wall Street ended lower last week and China tightened virus controls. The Nikkei 225 NIK, -0.09% in Tokyo lost 0.1% while…

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Skyrocketing inflation in Turkey threatens further losses for Gulf banks

Skyrocketing inflation in Turkey threatens further losses for Gulf banks

General view of Emirates NBD Bank on January 3, 2017 in Dubai, United Arab Emirates. Tom Dulat | Getty Images DUBAI, United Arab Emirates — Banks exposed to Turkey have…

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Why an epic US dollar rally could be a 'wrecking ball' for financial markets

Why an epic US dollar rally could be a ‘wrecking ball’ for financial markets

The U.S. dollar is on a tear, hitting all-time highs against its major rivals and sending ripples through global financial markets as investors watch the Federal Reserve hike interest rates…

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