ABUJA-THE Federal Government has approved N50 billion to boost mechanized farming. Consequently, President Goodluck Jonathan has directed the Central Bank of Nigeria, CBN, to set aside...
Consumer confidence in the U.S. unexpectedly climbed in August to the highest level in almost seven years, reinforcing signs of a strengthening outlook for the...
SYDNEY – Stocks in Asia fell on Friday, with Australia leading the losses, as the region lost ground after a substantial overnight selloff in the U.S....
NEW YORK – European stocks tumbled for a third-straight session Friday, with a selloff in global markets showing no sign of abating.The Stoxx Europe 600 index...
LONDON – Doubts about the health of Europe’s economy dominated trade on its major stock markets on Thursday after a cautious message from the U.S. Federal...
NEW YORK – The dollar strengthened against the yen and euro Wednesday after second-quarter data showed an expanding U.S. economy. The dollar jumped 0.4% against the...
NEW YORK – U.S. stock futures rose Wednesday, boosted by an upbeat reading on U.S. economic growth and strong earnings reports. A policy statement from the...
LONDON – The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were at record lows ahead of inflation data expected...
SYDNEY – Asian shares touched fresh three-year highs on Tuesday as investors in the region drew encouragement from a rally in Chinese markets, though caution was...
NEW YORK – Stocks edged lower on Thursday as concerns about the financial health of Portugal’s top listed bank gave investors a reason to cash in...