BEIJING—China's commitment to a freer yuan faces immediate tests, as slowing growth puts pressure on its central bank to weaken the currency.
Standard Chartered and Royal Bank of Scotland have been singled out by the Bank of England for falling below minimum capital requirements in annual stress tests announced on Tuesday, but both banks passed following recent actions.
The epic Thanksgiving-Black Friday-Cyber Monday shop-a-thon is over. There were stores that opened for sales on doorbuster deals at 6 a.m.
MUMBAI Indian shares edged higher on Tuesday as the central bank left the door open for more monetary easing after keeping rates on hold as widely expected, while broader sentiment was also supported by strong gains in Asian markets.
TORONTO Dec 1 Bank of Nova Scotia, Canada's third-largest bank, reported a higher quarterly profit that beat market expectations on Tuesday, driven by robust asset growth and a benefit from favorable foreign exchange moves.