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Syrian pound hits new historic low

The exchange rate reached 8,000 Syrian pounds to the US dollar for the first time in a number of Syrian cities, with the opening of trading on Wednesday. As of 12:40 before noon on Wednesday, and compared to the prices recorded at noon the previous day, the dollar jumped in both Damascus and...

Asian stocks sink after Credit Suisse takeover

BEIJING (AP) — Asian stock markets fell Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal Reserve meeting to decide on more possible interest rate hikes. Shanghai, Tokyo and Hong Kong declined. Oil prices...