Emerging-Market Investor Firepower Dwindles to Taper-Tantrum Low Cash balances in emerging-market debt funds are touching lows notched in the aftermath of the 2013 Taper Tantrum, as...
Factory Output in U.S. Declines on Weaker Auto Production A slump in motor vehicle production pushed down U.S. factory output unexpectedly in July, Federal Reserve data...
U.K. July Retail Sales Rise, Led by Surge in Demand for Food U.K. retail sales rose more than forecast in July, driven by the biggest jump...
Saudi Crude Exports Fall Just as Domestic Stockpiles Dwindle Saudi Arabia, the world’s biggest crude exporter, shipped the least oil in almost three years in June,...
Qatar’s Growth Prospects Dim as Saudi-Led Boycott Takes Toll Qatar’s economy will expand this year at the slowest pace since 1995, according to economists surveyed by...
TSA Saved Government N56.4b Overdraft Charges in One Year The Federal Government and its agencies saved at least N56.4 billion from overdrafts in the last one...
Globacom Celebrates 14yrs Anniversary, Partners FG on Free Lines Globacom, the third entrant into the GSM space, this week, celebrated its 14th year anniversary, with lots...
Namibia Cuts Rate for First Time in 5 Years as Inflation Slows Namibia’s central bank reduced its key rate for the first time since 2012 as...
Nigeria Seeks to Diversify From Oil With $41 Billion of Rail Nigeria has started a $41 billion railway expansion to reduce dependence on oil and diversify...
Egypt Weighs $4 Billion Eurobond Sale in January, Official Says Egypt plans to return to the international debt markets in January to raise as much as...
