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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

President Muhammadu Buhari in his goodwill message to the Esogban by the Senior Special Assistant on Media and Publicity, Mallam Garba Shehu, joined members of Edebiri family, friends and well-wishes in celebrating an important and respected son of Bini Kingdom’s rich culture and heritage.

Stop grumbling over President Buhari’s certificate, prepare for 2023 – ARDI tells Igbo

The Executive Secretary, Anti-Corruption and Research-Based Data Initiative (ARDI), Chief Dennis Aghanya, has said that rather than focusing on the certificate of President Muhammadu Buhari, the Igbo should strategise ahead of the 2023 presidency.

Climate change: Stakeholders commend Nigeria’s efforts

Stakeholders in the environment sector have commended Nigeria’s implementation of its Nationally Determined Contributions (NDCs) in terms of mitigation and adaptation of climate change.

Visiting family friend ‘drugs, rapes’ teenager

The police in Lagos have arrested a 34-year-old man Innocent Ifunayachi for allegedly drugging and raping a teenage daughter of his host.
Pro-democracy protesters react as police fire water cannons outside the government headquarters in Hong Kong on September 15, 2019. - Hong Kong riot police fired tear gas and water cannons on September 15 at hardcore pro-democracy protesters hurling rocks and petrol bombs, in a return to the political chaos plaguing the city. (Photo by Isaac LAWRENCE / AFP)

Hong Kong returns to violence with tear gas and Molotovs

Hong Kong riot police fired tear gas and water cannons at hardcore pro-democracy protesters hurling rocks and petrol bombs on Sunday, tipping the violence-plagued city back into chaos after a brief lull in clashes.
Fire

50 shops razed in Jos market fire

No fewer than fifty timber shades and carpentry workshops were burnt down on Saturday in a market midnight fire in Jos, capital of Plateau State.