Global Business & Emerging Markets

Benchmark rate ignored the crisis in Cyprus, with just four out of 18 banks showing increase in dollar borrowing cost.

Capital controls curb panic.

Capital controls curb panic.

Shrinking pool of young workers pushes up wages.

Shrinking pool of young workers pushes up wages.

Cyprus will be the first country without its own currency to impose such controls.

Cyprus will be the first country without its own currency to impose such controls.

Basel Committee suggests curbing how much business big global banks do with each other.