NEW YORK – Argentina scrapped some of its currency controls a day after devaluing the peso as policy makers sought to stem a financial crisis and...
LONDON – A global flight from emerging market assets gathered pace on Friday, sending the Turkish lira to a record low and setting global shares on...
NEW YORK — U.S. stock futures slumped as part of another global selloff, with continued volatility in emerging-market stocks and currencies prompting investors to flee riskier...
JOHANNESBURG – South Africa could soon lose its status as Africa’s biggest economy to Nigeria, but in the race to be the continental powerhouse, being biggest...
NEW YORK — The U.S. Treasury aims to auction $15 billion in new floating-rate notes next week, marking its first new product in 17 years, agency...
LAGOS – Activities on the Nigerian Stock Exchange (NSE) ended on positive note on Thursday with the market indicators appreciating by 1.17 per cent. The market...
WASHINGTON – The World Bank Group announced today that it will mobilize US$100 million in emergency development funds to help restore key government services and provide...
WASHINGTON – Stocks opened broadly lower, with blue chips headed for a third-straight loss, as weak data out of China set a negative tone while investors...
PORT HARCOURT – SABMiller PLC, a multinational brewing and beverage company headquartered in London, said it plans to invest $110 million expanding production capacity in Nigeria,...
WASHINGTON – U.S. stock-index futures fell, indicating that the Standard & Poor’s 500 Index may decline for the first time in three days, as investors awaited...
