A credit default swap (CDS) is a contract that protects lenders from borrower default. Learn how a CDS works, why they’re ...

Currency risk is the financial risk that arises from potential changes in the exchange rate of one currency in relation to another. And it’s not just those trading in the foreign exchange markets that ...

(Reuters) - U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of higher interest rates with a hedging strategy ...

Korea’s push for an unlimited currency swap with the United States is likely to face significant hurdles, given the limited incentive for Washington to agree to the deal. Korea proposed establishing ...

Countries that are switching to currency conversions and swap agreements in Chinese yuan for apparent short-term relief on interest rates are headed for trouble in long-term, as they end up with ...