Chinese Vice Commerce Minister Zhong Shan, in Washington at a time of heightened US-China trade and political tensions, told business leaders that changing the exchange rate was not the way to fix a h...
The figures, in a website survey asking Ghanaians how the windfall should be used, underline that proceeds from output at its Jubilee field due to start late this year will only transform the poor Wes...
The Japanese government has scaled back its privatisation plan for Japan Post to hold more than a third of its shares, keeping a grip on the mammoth state-owned financial conglomerate that is the sing...
Months after British Prime Minister Gordon Brown fronted a range of ideas for getting banks to pay for their own rescues, his Finance Minister Alistair Darling said more countries now agree on the nee...
The deal, brokered by the Geneva-based GAVI Alliance (Global Alliance for Vaccines and Immunisation), is the first under a new scheme called an Advance Market Commitment (AMC) which guarantees a marke...
The agency said in a statement it had raised Morocco’s long-term foreign currency sovereign credit rating to ‘BBB-‘ from ‘BB+’, and its long-term local currency sovereign credit rating to â€...
California aims to avoid major economic shocks with its carbon cap-and-trade system slated to start in 2012, the state’s chief climate change regulator said recently, adding that the most populous U...
The financial sector in the tiny Horn of Africa nation is attracting new business as a stable country surrounded by trouble spots. “The banking sector in Djibouti has seen an explosion. Last year ei...
Beijing’s groans over US demands to let the yuan rise have been grand theatre, but domestic currents favouring a stronger currency are likely to prevail when Chinese leaders cool down to plot policy...
New York Dow Jones industrial average — 14164.53 London FTSE 100 index — 6930.2 Tokyo Nikkei average — 38915.87 Frankfurt DAX index — 8105.69 Paris CAC-40 General index — 6922.23 Sydney Aust...