Economy4 years ago
Iranian bank’s claim for damages hits EU's brick wall
The European Court of Justice has rejected an Iranian bank’s claim for damages because of EU sanctions.
bank
Frozen Iranian funds transferred to Swiss bank: S.Korean media
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China4 years ago
Chinese banks urged to switch away from SWIFT as US sanctions loom
China should prepare for potential US sanctions by increasing use of its own financial messaging network for cross-border transactions in the mainland, Hong Kong and Macau.
Economy5 years ago
South Korean bank submits to US fine over Iran transactions
South Korea’s Industrial Bank of Korea (IBK) says it has submitted to the US demand to pay $86 million in fine for processing Iranian transactions.
Economy5 years ago
Four US banks world's largest fossil fuel financiers: Study
Four US banks are the world’s largest fossil fuel financiers, a new report shows.
Economy5 years ago
US court rejects bid to seize $1.7 billion of Iranian assets
A US court’s ruling to seize Iranian assets worth about $1.7 billion outside the United States has been thrown out for now.
Economy5 years ago
‘Iranian banks balance sheet hit $188bn in August’
Iran’s CBI says banks’ balance sheet stood at over $188bn in late August, a surge of %27.4 year-on-year.
Lebanon5 years ago
Anti-government rally held in Lebanon
Thousands of people have yet another ant-government rally in Lebanon against alleged corruption.
Lebanon5 years ago
Lebanon announces economic reforms amid protests
Lebanese Prime Minister Saad Hariri announces the approval of the 2020 state budget envisaging a deficit of 0.6% of gross domestic product.
Business5 years ago
Turkey bank slams US for Iran-linked charges
Turkey’s Halkbank accuses the US of using sanctions related to Iran over a crisis in Syria.
Foreign Policy5 years ago
US charges Turkish bank with evading Iran sanctions
US prosecutors have filed criminal charges against a Turkish bank over accusations of participating in a multi-billion-dollar scheme to evade Washington's economic sanctions on Iran.
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