Nordea bank CEO calls for more int'l mea...

HELSINKI, March 4 (Xinhua) -- Helsinki-based Nordea bank on Monday regretted that its "measures against money laundering had been insufficient earlier", after media revelation about suspicious transf

World Bank to provide 1.9 bln USD to Jor...

AMMAN, March 4 (Xinhua) -- The World Bank will provide 1.9 billion U.S. dollars to Jordan over the next two years to support the country's reforms, state-run Petra news agency reported on Monday. The

Bank of Cyprus CEO to resign

NICOSIA, March 4 (Xinhua) -- Irish banker John Patrick Hourican, who pulled the Bank of Cyprus (BoC) out of utter chaos almost six years ago, will leave the Cypriot lender later this year, the BoC bo

Zimbabwe secures nearly 1 bln USD offsho...

HARARE, March 4 (Xinhua) -- Zimbabwe has since last year secured loans amounting to 985 million U.S. dollars from foreign lenders to prop up its ailing economy, Reserve Bank of Zimbabwe Governor John

Iraq discusses possibility of joining As...

BAGHDAD, March 3 (Xinhua) -- Iraqi Ministry of Transportation on Sunday discussed the possibility of joining the Asian Infrastructure Investment Bank (AIIB). A statement by the ministry's media offic

World Bank approves 185 mln USD for Bang...

DHAKA, March 2 (Xinhua) -- The World Bank has approved 185 million U.S. dollars to add up to 310 Megawatt (MW) in renewable energy generation capacity in Bangladesh and mobilize private sector partic

Ukraine receives 602-mln-USD loan under ...

KIEV, March 1 (Xinhua) -- Ukraine has raised a loan worth 529 million euro (about 602 million U.S. dollars) through Deutsche Bank under the guarantees provided by the International Bank for Reconstru

German central bank to transfer more pro...

BERLIN, Feb. 27 (Xinhua) -- Bundesbank, the German central bank, will transfer 2.4 billion euros of its profits made in 2018 to the governmental budget, a significant increase compared with 1.9 billi

Feature: Palestinian woman seeks to open...

by Fatima Aruri HEBRON, West Bank, Feb. 27 (Xinhua) -- In a small office at the Poly Technic University in the southern West Bank city of Hebron, a small team works to support the only Palestinian wo

China's central bank injects liquidity i...

BEIJING, Feb. 27 (Xinhua) -- China's central bank injected liquidity into the money market through reverse repos Wednesday. The People's Bank of China conducted 60 billion yuan (about 9 billion U.S.