LONDON – The euro zone is slowly coming to grips with its banking and debt problems, but may have to prepare for a new round of...
ABUJA — President Goodluck Jonathan, yesterday, affirmed his powers to suspend Mallam Sanusi Lamido Sanusi as governor of the Central Bank, saying the action was totally...
BEIJING – The sudden slide of the Chinese currency over the last week has raised fears that the yuan is nearing levels that could trigger an...
LONDON – World shares were at a 6-year high on Tuesday following a record peak on Wall Street, while moves by China to stamp out easy...
NEW MEXICO – Venezuelan dollar bonds rallied the most in emerging markets after the country moved to allow for more dollar sales amid optimism there will...
NEW YORK – Stocks opened slightly higher on Monday, led by energy and healthcare shares, with the S&P 500 nearing resistance at its record high set...
BEIJING – China’s secretive currency managers certainly know how to conjure up a storm. The usually predictable Chinese yuan took a dive over the past week,...
SEOUL – South Korean’s won was the hardest hit among the region’s currencies by the Chinese yuan’s steep fall over the past week, reflecting the expanding...
ABUJA – The Nigerian naira fell 0.5 percent on Monday while yields on government debt were broadly stable, as offshore investors remained on the sidelines even...
BENIN – The Edo government is putting some measures in place to enable it to access the N220 billion Small and Medium Enterprises fund instituted by...