Japan’s SoftBank Reports 39% Fall In Q1 Net Profit
Japan’s SoftBank Group Corp (9984.T) on Tuesday reported a 39% fall in first-quarter net profit, even as…
Category: Market
Dollar Buoyed As Healthy U.S. Jobs Fuel Fed Taper Talk
The dollar was buoyant on Tuesday, pushing the euro to a four-month low, as a…
Ireland Stares Down Major Changes To Its Tax System
As the OECD’s deadline for finalizing major reforms to the global tax system draws near,…
Oil Recovers After Hitting Three-Week Low Amid Surging COVID-19 Cases
Oil prices rose on Tuesday, edging up from a three-week low in the previous session,…
Treasury Yields Little Changed Ahead Of Inflation Data, Infrastructure Vote
United State Treasury yields were little changed early on Tuesday, as investors digested jobs data…
Asian Stocks On Backfoot As Concern Over Delta Variant Saps Confidence
Asian stocks started off on a weak footing on Tuesday after a largely soft performance…
Sterling Slips As Currency Markets Weigh Up Tapering Timelines
The pound slipped slightly in early trading on Monday, but was still close to its…
Customs To MDAs: Only Items Imported By President Are Exempted From Taxes
Timi Bomodi, NCS deputy national public relations officer, said this in a statement on Friday.…
Nigeria Still Imports Dirty Fuel Four Years After Ban
Nigeria is still importing petroleum products with high sulphur content as the ban imposed on…
CBN Charges Bank Customers On Their Rights, Privileges
The Central Bank of Nigeria (CBN) has charged customers of commercial banks to know their…
NEPZA, Delta Move To Revive Koko Port FTZ
The Nigeria Export Processing Zones Authority on Sunday disclosed that discussions were ongoing with the…
Stocks Making The Biggest Moves In The Premarket: Sanderson Farms, U.S. Foods, Tyson Foods And More
Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion,…
Treasury Yields Start The Week Higher With Job Openings And Inflation Data In Focus
Treasury yields rose early on Monday, with investors focusing on job openings data set to…
African Utilities Group Eranove Gains New Key Shareholder
Africa-focused public utilities manager Eranove Group has a new key shareholder after a $200 million…
Asia-Pacific Markets Advance, With Hong Kong Shares Up Almost 1%
Asia-Pacific markets traded mostly higher on Monday, with indexes in Australia, Hong Kong and the…
Stock Futures Are Flat After Dow Closes At Record Friday
Stock futures were flat in overnight trading Sunday after the Dow Jones Industrial Average notched…
European Markets Set To Start The Week On A Negative Note
European stocks are expected to open in negative territory on Monday, bucking more positive sentiment…
Dollar Hits Four-Month High On Euro As Markets Bet On Earlier Fed Taper
The dollar climbed against major peers on Monday, reaching a four-month high versus the euro,…
Oil Slides On China COVID-19 Curbs, Strengthening U.S. Dollar
Oil prices fell nearly 2% on Monday, extending last week’s steep losses on the back…
Asia Stocks Spooked By Sudden Slide In Gold
Asian shares wobbled on Monday amid sharp losses in gold and oil prices, while the…
London Stock Exchange Sales Rise As Refinitiv Integration Motors On
London Stock Exchange Group (LSEG.L) reported a rise in first-half revenue on Friday, flagging progress integrating data…
Stock Market Ends Five-day Rally, Investors Lose N66bn
Investors in the equities market of the Nigerian Exchange Limited lost N65.18bn on Thursday, ending…
10-Year Treasury Yield Tops 1.23% Ahead Of Key Jobs Report
The 10-year U.S. Treasury yield topped 1.23% early on Friday, ahead of the Labor Department’s…
Huawei Chairman Says The ‘Aim Is To Survive’ As Revenue Slides 30%
The chairman of Huawei said the Chinese technology company’s “aim is to survive” as revenue…
Shares Of Indonesian E-Commerce Company Bukalapak Jump 25% In Stock Market Debut
Shares of Indonesian e-commerce firm Bukalapak jumped nearly 25% in their trading debut Friday —…
European stocks flat as investors track earnings, Covid-19 and economic data
European markets were muted on Friday morning as investors monitored a fresh round of corporate…
Cooling Measures Doing Little To Slow New Zealand’s Housing Boom
Desperation among homebuyers is pushing New Zealand house prices to record highs, overpowering the government’s…
Analysis: Private Equity Struggles To Get In On $1 Trillion U.S. Infrastructure Bonanza
Private equity firms are fretting that a long-awaited $1 trillion infrastructure bill under negotiation by U.S. lawmakers…
Asian Shares Fall As Delta Variant Casts Shadow Over Growth
Asian shares failed to catch a firm lead from a bumper Wall Street session on…
The New Forex Ban And Its Short Term Market Reaction
The CBN in a twist of events has discontinued its forex sale to BDCs with immediate effect.…