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An employee shows US dollar banknotes at a foreign currency brokerage office in Khartoum on October 7, 2018. - Sudan slashed the official value of its currency against the US dollar by more than half on October 7, the third devaluation this year in the face of a mounting economic crisis. (Photo by ASHRAF SHAZLY / AFP)

Dollar moves up to one-week high against yen

The dollar on Thursday edged up to a one-week high against the safe-haven yen as some of the jitters ahead of the G20 summit in Japan eased amid hopes for progress in resolving the Sino-U.S. trade war.
An employee shows US dollar banknotes at a foreign currency brokerage office in Khartoum on October 7, 2018. - Sudan slashed the official value of its currency against the US dollar by more than half on October 7, the third devaluation this year in the face of a mounting economic crisis. (Photo by ASHRAF SHAZLY / AFP)

Forex: Dollar on back foot after soft data fans bet on dovish Fed

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain’s exit from the European Union
Bank of Japan

Bank of Japan’s balance sheet now larger than country’s economy

Japan’s central bank has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade spending spree designed to accelerate weak price growth.

Oil rises towards $90, Asia stocks slip as NAFTA lift fade

Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views on the global economy curbing risk sentiment.

Tokyo stocks lead Asia higher in thin holiday trade

Japanese stocks led the way in Asia on Friday, climbing higher following a rally on Wall Street but the majority of Asian markets were closed for the Easter holiday.

Recent Stories

PenCom directs PFAs to implement pension enhancement for retirees

The National Pension Commission, PenCom, on Monday directed Pension Fund Administrators to implement pension enhancement for retirees on Programmed Withdrawal under the Contributory Pension Scheme.
Reiner Jesus in training with the Brazil U23 team Lucas Figueiredo - Official Photographer of the Brazilian National Football Team

Real Madrid complete signing of Brazilian attacking midfielder

Real Madrid have completed the signing of teenage Brazilian prospect Reinier from Flamengo on a six-and-a-half-year deal, the Spanish giants announced on Monday.
The National Youth Service Corps (NYSC) has deployed 1,400 corps members to Gombe State for the 2019 Batch B Stream II orientation course.

NYSC member down with Lassa fever in Delta

A male youth corps member (name withheld) serving in Delta State has been diagnosed with the Lassa fever virus.
In the aftermath of the European Parliament, the legislative hand of the European Union (EU), having said that no progress has been made in the war against Boko Haram in Nigeria, President Muhammadu Buhari said things were a lot better. 6

Counterinsurgency: Things are a lot better – President Buhari tells Boris Johnson

In the aftermath of the European Parliament, the legislative hand of the European Union (EU), having said that no progress has been made in the war against Boko Haram in Nigeria, President Muhammadu Buhari said things were a lot better.
Nigeria Police

17 people killed in Katsina road crash

The Katsina State Police Command has confirmed 17 persons killed in a road crash at Yardudu village, Mashi Local Government Area of Katsina State.