Spotlight
Central banks have bought the most gold in nearly 50 years as the precious metal profits from its safehaven status, the World Gold Council said Thursday, amid trade tensions and Brexit uncertainty.

Before he was detained in Japan over alleged financial misconduct, car industry tycoon Carlos Ghosn had increasingly invested time and money in Lebanon.
Ghosn is also a national of Brazil, where he was born, and of France. Here is a brief overview of his ties to the tiny Mediterranean country where his parents were born:

Bangladesh will Wednesday file a lawsuit in New York against a Philippine bank over its involvement in one of the biggest-ever cyber heists, the country's central bank governor said.

Following the 2016 partnership between SGBL and Mastercard, SGBL has extended its cooperation with its global payments technology partner to the Group’s affiliated companies, starting with Societe Generale de Banque – Jordanie (SGBJ), SGBL said.
“In a world where digital innovation has transformed the banking landscape, pushing banks to move to electronic and mobile payment, this collaboration will pave the way for the development of electronic payment in Jordan, promoting the move towards a cashless economy,” the group added.
Detained auto tycoon Carlos Ghosn believes his arrest and the charges against him are the result of a "plot and treason" at his former employer Nissan, he told the Nikkei newspaper Wednesday.

Top U.S. and Chinese trade officials returned to the bargaining table Wednesday, working to avoid a sharp escalation in the trade war between the world's two largest economies.

French economic growth slowed to 1.5 percent last year from 2.3 percent in 2017, hit by weaker consumer demand amid the turmoil of end-year "yellow vest" protests, official figures showed Wednesday.

The pound ticked up slightly in Asia on Wednesday after suffering heavy losses on worries about a possible no-deal Brexit, while regional equities were mixed ahead of crunch trade talks between China and the United States.

Three banks based in the UAE capital Abu Dhabi Tuesday announced they have agreed to merge to form the Emirates' third largest lender.

The United Arab Emirates said Tuesday it had filed a complaint to the World Trade Organization after Qatar banned UAE goods, the latest escalation in hostilities between the Gulf neighbors.
