The people’s Bank of China (PBoC) set the midpoint for yuan against the dollar at 6.4589 on Friday – a 0.6 percent increment that marked the...
The U.S. economy expanded in the first quarter at the slowest pace in two years as American consumers reined in spending and companies tightened their belts...
Bank of Japan’s governor Haruhiko Kuroda once again surprises the market by doing nothing, even after analysts have forecast a move by the institution to weaken...
Since May 29, 2015 when President Muhammadu Buhari assumed office, Nigeria has been facing multiples ills from comatose economy, unending scarcity of fuel and its attendant...
Federal Reserve policy makers left open the door to raising interest rates in June by tacitly nodding to improvement in global financial markets and downplaying recent...
Australian dollar rattled by inflation report as headline prices unexpectedly fell last quarter. The consumer price index which measures inflation rate contracted 0.2 percent quarter-on-quarter, down...
First bank profit took a hit as forex scarcity and global slowdown continue to wipe-off banks’ profits. The earnings report released on Tuesday showed the bank’s...
Durable goods ordered last month in the U.S rose less than expected as demand remained weak. Data from the Commerce Department showed items meant to last...
South African based Pick n Pay Stores Ltd. announced plans to enter Nigeria after posting a 26 percent increase in full-year profit. The company said it...
Suspected extremists hacked a U.S mission employee, Xulhaz Mannan and his friend to death in the Bangladeshi capital Dhaka. The two were killed in an apartment...
