Most Federal Reserve officials on Wednesday see a June interest rate hike if the economy continued to improve. The policymakers said if economic data points to...
The Reserve Bank of New Zealand on Tuesday said inflation expectations have risen in the second quarter. A survey conducted shows businesses expect consumer price to...
Toyota Motor Corp. on Wednesday said its annual net income will likely decline for the first time in five years, as currency fluctuations that had spurred...
Japan’s Finance Minister Taro Aso on Monday commented on the strength of the yen and its impact on the Japanese economy. In his words, “Recent yen...
Barclays Plc sold one-fifth of its stake in Barclays Africa Group Ltd as part of it plan to overhaul the British bank. The bank sold 12.2...
Credit Suisse Group AG is planning to cut another 180 jobs in London this week. According to two people familiar with the story, most of the...
Officials of the Central Bank of Nigeria’s Compliance Unit on Tuesday stormed the headquarters of Fidelity Bank Plc in Lagos in connection with the ongoing investigations...
Reserve Bank of Australia’s Governor Glenn Stevens on Tuesday cut the overnight cash-rate by 25 basis points to 1.75 percent. This is the first change in...
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...
In an effort to contain the scarcity of foreign exchange that is affecting the real sector of the economy, the Central Bank of Nigeria (CBN) has...