2016 News Archive

Iraq Islamic banks see opportunity for expansion

By Arno Maierbrugger

Despite all the instability and continued sectarian violence in parts of Iraq, the country’s few...

Republic of Iraq ratings affirmed at 'B-/B'; outlook stable

By Matthew Amlôt

S&P Global Ratings affirmed its 'B-' long-term and 'B' short-term foreign and local currency...

Iran, South Korea to begin trade in euros

Iran and South Korea are to start trading in euros, legally circumventing U.S. sanctions on...

Most Asian currencies edge higher; rupiah sags

By Masayuki Kitano

Rupiah slips, matching Wednesday's 2-month low

Iraqi company to transport cement for French counterpart across the country

The General Co. for Land Transport, Iraq, signed an agreement with a French company for...

China's yuan back to fifth most-used world payment currency

The Chinese currency fell to the sixth place in April as volatile foreign exchange rate and...

Indonesian central bank holds new key rate steady

Indonesia's central bank on Friday held steady the 7-day reverse repurchase rate, its new main...

Iraq dares to hope for brighter future

By Nassir Shirkhani

IT IS rare to hear good news from Iraq, but the beleaguered country may now be on a more positive...