Credit Suisse delays annual report after US queries

Zurich, March 9 (AFP/APP): Credit Suisse delayed on Thursday the release of the scandal-hit bank’s 2022 annual report after US regulators made last-minute enquiries regarding previous statements, sending its shares lower. The rare move comes as Credit Suisse has endured a barrage of problems in […]

Stocks fall, dollar climbs on Fed rate warning

London, March 7 (AFP/APP): Stock markets tumbled, oil prices fell and the dollar firmed on Tuesday as Federal Reserve Chair Jerome Powell warned that the central bank could step up its rate hike campaign to fight inflation. Investors had been eagerly awaiting fresh signals about […]

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