Australian banks admitted to failing customers and vowed to "reset" their industry, as they braced for the release of a crunch report Monday into financial abuses in the sector. Mired in scandals, the wealthy lenders have sought to regain favour with the public and politicians as the...

 Wirecard said that a law firm it appointed has made no conclusive findings of criminal misconduct by any employee of the German payments firm and that there are indications the allegations stemmed from a quarrel between employees. Shares in the German member of the blue-chip DAX...

A former mayor campaigning on an anti-corruption ticket swept to victory in El Salvador's presidential election on Sunday, bringing an end to a two-party system that has held sway over the violence-plagued Central American country for three decades. Nayib Bukele, the 37-year-old former...

Asian markets rose Monday as investors were cheered by a blockbuster US jobs report last week, while trade was thin owing to the three-day Lunar New Year break. Expectations that the Federal Reserve will take its foot off the gas in raising interest rates and optimism that China and the...