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Stocks erased early gains and closed lower on the Tokyo Stock Exchange Monday, affected by continued profit-taking and selling on a recent rally and a halt to the yen’s easing in the afternoon. The 225-issue Nikkei average lost 6.96 points, or 0.04 percent, to end at 16,620.29. On Friday, the ...

The government retained on Monday its assessment that Japan’s economy is recovering moderately but adopted a weaker view on corporate sentiment due to a firming yen and Britain’s vote to leave the European Union. The Cabinet Office said in its report for the fifth straight month that the economy is ...

World Bank President Jim Yong Kim said continued uncertainty following the U.K.’s vote to leave the European Union could hurt global growth. “We actually thought the U.S. was solid, the eurozone seemed to be getting better, even Japan seemed to be doing a little bit better,” Kim said Sunday on ...

Steep fines of up to AED100,000 will be imposed on anyone breaking the law, say officials

[Ethiopian Herald] Australia recognizes Ethiopia's role in regional peace and security matters as well as assistance for refugees.

[Ethiopian Herald] Since the highly expanding business opportunities in Ethiopia would be potential trade and investment areas available for the Japanese investors, JETRO would play significant role in encouraging the investors to come to Ethiopia.

[Vanguard] Feelers from last week's foreign investment road-show by Central Bank of Nigeria (CBN) indicated that Nigeria's finances and the economy as a whole may be headed to its worst external sector positions.

[Focac] Dar es Salaam -The Tanzania Private Sector Foundation (TPSF) has urged Tanzanian business firms to participate in China's 2016 Guangdong 21st Century Maritime Silk Road International Expo.

[Daily News] Tanzania and China's business communities have been advised to capitalise on the current growing trade partnership between the two countries to expand their businesses and maximise profit.

[LINA] By Elizabeth Littlefield, President and CEO of the Overseas Private Investment Corporation, the Development Finance Institution of the United States Government