Australia’s economy grew more than forecast in the last quarter of 2015, driven by increased home building underpinned by record-low interest rates and plunge in household...
China Credit Outlook Cut to Negative By Moody’s Moody’s Investors Service lowered China credit-rating outlook to negative from stable, citing falling currency reserves, rising government...
Nigerian stock market surged N117bn on Monday after 18 stocks led by Dangote Cement Plc. recorded significant gain. Dangote Cement Plc, Ecobank Transnational Incorporated, Fidson Healthcare...
The continuous scarcity of Premium Motor Spirit (PMS) also known as petrol has given illegal hawkers of the commodity opportunity to resurface on various black markets...
Reserve Bank of Australia held its rates unchanged amid higher currency, weaker employment, poor investment and low wage growth. The Reserve Bank of Australia Governor, Glenn...
China’s manufacturing contracted to a record seven months low, underscoring the challenge facing policy makers as they plan to reduce overproduction in manufacturing without derailing growth....
China Cuts Reserve Requirement Ratio China’s central bank cut the amount of cash the nation’s lenders must lock away as reserves, stepping up efforts to cushion...
Euro-Area consumer prices fell the most in a year in the month of February, adding to deflation concerns on the European Central Bank to expand stimulus...
Sweden’s Economy Expands More Than Estimated Sweden’s economy grew more than estimated in the last quarter of 2015, after the central bank presented record stimulus to...
The high foreign exchange rate is hitting hard on the Nigerian economy and forced over 12,000 importers to seek alternative means of livelihood pending rebound. The...