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 highly anticipated…
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 fell almost 30% in the…
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 — from an initial…
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 earnings and the…
The World’s Largest Container Shipping Firm Posts Soaring Second-Quarter Earnings
Maersk, the world’s largest container shipping firm, has posted a sharp increase in second-quarter earnings as…
U.S. FTC Says Facebook Misused Privacy Decree To Shut Down Ad Research
The U.S. Federal Trade Commission criticized Facebook Inc (FB.O) on Thursday for making "misleading claims" to…
Qualcomm Tops Magna’s Bid With $4.6 Billion Offer For Veoneer
Chipmaker Qualcomm Inc (QCOM.O) said on Thursday it had offered to buy Swedish auto parts maker Veoneer Inc …
Robinhood Shares Dive 27.6%; Filing Sparks Worries Early Investors could Sell
Shares of Robinhood Markets Inc (HOOD.O) tumbled on Thursday, snapping a four-day winning streak, after the newly…
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…
Nelson Peltz To Step Down From P&G Board
Procter & Gamble Co (PG.N) said on Thursday activist investor Nelson Peltz would step down from the company's…
Analysis: Private Equity Struggles To Get In On $1 Trillion U.S. Infrastructure…
Private equity firms are fretting that a long-awaited $1 trillion infrastructure bill under negotiation by U.S.…
Fed’s Kashkari: Delta May Throw Wrinkle Into Taper Plan
Minneapolis Federal Reserve President Neel Kashkari on Thursday said the highly transmissible Delta variant of the…
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 Friday as the spread of the Delta…
Nigeria: Confusion As Emirates Says Nigerian Flights Remain Suspended
Emirates' flights to and from Nigeria will remain suspended until 15 August 2021, the United Arab Emirates (UAE)…
Nigeria CEOs Among Best Paid In Sub-Saharan Africa, PwC Says
Chief executives of Nigerian-listed companies are among sub-Saharan Africa’s highest earners, according to a new…
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. This…
Nigeria’s Financial System Sound, Stable, Resilient – CBN Governor
The Central Bank of Nigeria, CBN, has revealed that it has so far recovered 89.2 billion nairas of customer’s money…
Bank Rate Maintained At 0.1% – August 2021
Monetary Policy Summary, August 2021
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to…
Yuan Inches Up, Market Awaits Policy Guidance At Home And Abroad
China's yuan inched up against
the dollar on Thursday, although trade was thin as market
participants awaited…
DMO Unveils Transaction Advisers For N2.343 Trillion External Borrowing
The Debt Management Office (DMO) on Wednesday revealed that the Federal Executive Council has approved transaction…
Dollar Holds Gains After Hawkish Fed Comments
The dollar held most gains against basket of currencies on Thursday after hawkish comments from the U.S. Federal…
FG Considers Blueprint To Reposition Free Trade Zones
Trade Zones - PUNCH
AUGUST 05, 2021
BY Amarachi Orjiude
The Federal Government has called on…
Merits In CBN Stoppage Sales Of Forex To BDCs
The latest Central Bank of Nigeria’s (CBN) decision to stop the sale of forex to Bureau De Change (BDC) operators…
Tech’s Pandemic Boom Is Coming To An End
The Covid boom times are coming to an end for tech companies.
After reporting eye-popping growth throughout 2020…
Iran’s Hardline Cleric Ebrahim Raisi Sworn In As President Amid Slew Of Tensions
Iranian cleric Ebrahim Raisi has been sworn in as the Islamic Republic’s new president against the backdrop of…
Dr Anthony Fauci Warns More Severe Covid Variant Could Emerge As United State…
White House chief medical advisor Dr. Anthony Fauci has warned that a more severe Covid variant could emerge as the…
Biden To Aim For 50% EVs By 2030 With Industry Support
U.S. President Joe Biden will sign an executive order on Thursday aimed at making half of all new vehicles sold in…
Target To Pay 100% Of College Tuition And Textbooks In Bid To Attract Workers
Target said Wednesday it will offer new perks to woo workers: a debt-free way to get a college degree and…
Stock Futures Rebound As Investors Await More Jobs Data
Futures contracts tied to the major U.S. equity indexes were mildly higher Thursday morning as Wall Street looked…
Jobless Filings match estimates while continuing claims tumble below 3 millio
Initial claims for unemployment insurance edged lower last week, meeting Wall Street expectations, the Labor…