Saudi Arabia has announced a 2015 budget with a huge deficit as the world's largest crude exporter begins to feel the impact of its own decision not to shore up oil prices.
A pedestrian walks past a Sumitomo Mitsui Banking Corp. branch in Tokyo, Japan in May. On Thursday, SMBC said it would purchase Citigroup Inc.'s Japanese retail operations.
US consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by ...
MF Global Holdings Ltd. has been fined $100 million by the Commodity Futures Trading Commission in a $1.21 billion restitution case over the 2011 collapse of the futures brokerage.
Gift cards are popular Christmas gifts for some people, though recipients might not always be thrilled to receive one, and might even forget to spend them later.