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Japan on Friday announced it is pouring $2.4 billion into a new railway aimed at easing Manila’s notorious gridlock. Japan, the Philippines’ top trading partner and source of aid, said the 38-kilometer (24-mile) elevated commuter line would connect Manila to nearby Bulacan province to decongest the capital and help spur ...

Toyota Motor Corp. is recalling 396,000 vehicles in North America to repair a suspension issue that could result in loss of control when driving. The recall involves models of the RAV4 sport utility vehicle made from 2006 to 2011, and the Lexus HS 250h sedan from 2010. The action is ...

Standard & Poor's says Abu Dhabi maintains one of the highest GDP per capita levels in the world despite oil slump

Not less than four commercial banks yesterday disbursed the first batch of Diaspora inflow-related foreign exchange (forex) to over 350 bureaux de change (BDCs), it was learnt. First Bank, United Bank for Africa (UBA) Plc, Fidelity Bank Plc and Ecobank Nigeria Limited, sold the regulatory $30,000 weekly to each of ...

Nigeria’s Dream Team V1 trade tackles the Dark Horses of Denmark today for the quarterfinal clash of the ongoing 2016 Rio Olympics men’s football tournament. The Nigeria’s squad is the biggest shocker in the tournament as the team was not favored to go past the group stages during pre-Olympic predictions. ...

The negative trend of Nigeria’s economy is unlikely to reverse in the near future. This is not because the prediction is my desire, prayer or I am an opponent of the government’s effort to tame corruption, but the visible writing on the wall points to more economic woes. Oil prices ...

O ministro da Fazenda, Henrique Meirelles, defendeu hoje (12) a proposta de emenda à Constituição (PEC) 241, que limita o gasto público, e disse que a previsão de aprovação da PEC na Câmara dos Deputados é para o final de outubro e deverá acalmar o mercado. O pronunciamento ao final ...

A Caixa Econômica Federal alcançou um lucro líquido de R$ 2,4 bilhões no primeiro semestre de 2016. No segundo trimestre, o lucro foi de R$ 1,6 bilhão, 92,1% a mais do que o registrado no trimestre anterior, com o destaque para o aumento das receitas com prestação de serviços e ...

Brasil tem sistema financeiro sólido e está mais bem preparado para enfrentar crises como a de 2008, diz  Ilan Goldfajn   Arquivo/Agência Brasil O presidente do Banco Central (BC), Ilan Goldfajn, afirmou hoje (12) que, apesar do atual quadro de liquidez ampla no cenário internacional, que favorece as economias emergentes, ...

O plano prevê a construção de até 12 sondas de perfuração de poços de petróleo, que vão demandar investimentos adicionais de US$ 5 bi