Real Time Financial News Website
Foreign holdings of U.S. Treasury securities reached an all-time high of $9.05 trillion in March, according to the U.S. Treasury Department. This marked the third consecutive monthly increase and reflected…
The Nigerian stock market continued its positive momentum on Wednesday, as the All-Share Index (ASI) increased by 0.27%, pushing the market capitalization up by N186 billion. This performance is part…
European markets had a rocky session on Thursday, with major indices across the continent trading lower for a second consecutive day. Investor sentiment was shaken by a mix of underwhelming…
After a strong start to the week driven by positive economic signals, U.S. stock futures held steady early Wednesday as investors awaited further trade developments and Federal Reserve commentary. Futures…
In a significant but temporary easing of trade tensions, the United States and China have agreed to reduce tariffs on each other’s imports for 90 days. The deal, reached after…
On Thursday, Asian shares saw a rise, driven by optimism surrounding a potential trade deal between the U.S. and Britain, as well as anticipation ahead of U.S.-China trade talks. Nasdaq…
European markets opened lower on Wednesday, continuing the trend of uncertainty driven by concerns over U.S. trade tariffs. The pan-European Stoxx 600 index fell by 0.8%, following two days of…
U.S. stock index futures edged higher on Tuesday, driven by optimism that the auto sector could receive tariff relief. President Donald Trump suggested potential exemptions for the 25% tariffs imposed…
European markets opened on a strong note Tuesday, with the Stoxx 600 up over 1.2% by mid-morning, powered by a sharp rally in auto stocks. Optimism came after U.S. President…
European markets rebounded sharply on Monday, with the pan-European Stoxx 600 index climbing 2.2% as all sectors turned green. Technology stocks led the rally, gaining 3%, supported by U.S. President…
The Nigerian All-Share Index (ASI) experienced a decline of 0.18% on April 9, 2025, closing at 104,187.00, down from the previous day’s 104,376.73. This drop of 189.73 points was accompanied…
As U.S. President Donald Trump prepares to roll out new tariffs, investors are shifting away from the U.S. dollar, showing increasing bearish sentiment toward the greenback. Experts, including Joseph Brusuelas,…
U.S. President Donald Trump has warned that he could impose significantly higher tariffs on Canada and the European Union (EU) if they collaborate in causing economic harm to the United…
Global stock markets took a hit on Thursday following U.S. President Donald Trump’s announcement of new 25% tariffs on automotive imports, which negatively impacted major Asian markets. Japan’s Nikkei index…
European stock markets closed higher on March 18, 2025, with investors focusing on key developments including Germany’s landmark fiscal reform and a crucial phone call between U.S. President Donald Trump…
European stock markets saw a positive close on Tuesday, with investor attention focused on Germany’s approval of a historic debt reform deal and a high-profile call between U.S. President Donald…
The naira remained stable across Nigeria’s foreign exchange markets on Tuesday as dollar demand eased slightly. At the Electronic Foreign Exchange Matching System (EFEMS), the dollar was quoted at N1,534.10,…
The Nigerian stock market kicked off the week on a positive note, driven by a surge in investor interest for Aradel Holdings Plc and 34 other stocks. Aradel Holdings saw…
The Naira appreciated in the parallel market yesterday, trading at N1,660 per dollar, a slight improvement from N1,662 per dollar recorded last weekend. This movement indicates a modest gain in…
The Nigerian equity market soared by N704bn over six days, pushing the market capitalization above N60tn. At Monday’s close, the market added N330bn, with 740.89 million shares worth N16.88bn traded…
The Nigerian Exchange Group (NGX) has imposed 3,792 regulatory sanctions on trading license holders over the past 13 years to curb market infractions and bolster investor confidence. Through its regulatory…
On December 12, the Indian rupee reached an all-time low of 84.88 to the U.S. dollar, marking a 0.04% decline. The currency faced significant pressure from heightened dollar demand in…
Stocks remained steady on December 11 as investors awaited key U.S. inflation data, which could influence future Federal Reserve rate cuts. European markets experienced slight losses, influenced by disappointing corporate…
The Indian rupee slipped to a historic low of 84.85 per U.S. dollar on Tuesday, while 10-year bond yields dropped to 6.6954%. These market movements follow the announcement of Sanjay…
Asian stock markets faced a challenging start to the week as South Korean stocks tumbled by 2.4%, driven by political uncertainty surrounding President Yoon Suk Yeol’s future. Meanwhile, China’s consumer…
Asian markets faced turbulence as South Korean political upheaval weighed heavily on sentiment. The imposition and subsequent lifting of martial law by South Korean President Yoon Suk Yeol sparked concerns…
Dangote Cement has surpassed Airtel Africa and 11 other companies to become the most capitalized stock on the Nigerian Exchange Limited (NGX), with a market capitalization of N8.16 trillion in…
Asian and European stock markets saw strong gains on December 3, following a rally in US tech stocks that pushed Wall Street to new record highs. Japan’s Nikkei index rose…
The euro stabilized on Tuesday, recovering slightly after political turmoil in France heightened market volatility. French Prime Minister Michel Barnier faces a no-confidence vote over a divisive budget proposal featuring…
The Nigerian Foreign Exchange Market (NAFEM) recorded a 61.9% year-on-year increase in dollar turnover, reaching $43.09 billion in the first 11 months of 2024 compared to $26.6 billion in the…