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The key Nikkei average staged a powerful rally on the Tokyo Stock Exchange Wednesday, led by financial and export-oriented stocks, following the Bank of Japan’s decision to introduce a target for long-term interest rates. The 225-issue Nikkei average surged 315.47 points, or 1.91 percent, to end at 16,807.62. On Tuesday, ...

The securities watchdog will boost monitoring of health-care stocks for possible insider trading after increasing leaks of information that has the power to move markets, according to the top official of the Securities and Exchange Surveillance Commission. The SESC will step up scrutiny of trading in pharmaceutical and biotechnology shares ...

On September 18th, US Secretary of State John Kerry met with South Korean Foreign Minister Yun Byung-se, and Japanese Foreign Minister Fumio Kishida on the sidelines of the U.N General Assembly. The post Keeping the peace in Northeast Asia appeared first on Asian Correspondent.

Lenders prefer traders to manufacturers, farmers MPC retains tight monetary measures Highlights of MPC meeting •Monetary Policy Rate (MPR) 14% •Cash Reserve Ration (CRR) 22.5% •Liquidity Ratio 30% •Asymmentric Window +200 -500 ADVOCATES of lower interest rates lost their battle yesterday. The Monetary Policy Committee (MPC) of the Central Bank ...

Senate President Bukola Saraki yesterday suggested how the recession in the country can be made the shortest in history. He spoke while welcoming senators after their over two-month annual recess. Saraki, who promised that the Senate would work with the Executive to get  economy out of recession, suggested the sale ...

You will recall also that prior to the incursion of the military in to the governance of Nigeria; the south-east part of the country had the fastest growing economy in Africa, with the highest per capita income comparable to most developed economies of the world at that time. Igbo enterprise ...

The FCT Administration has directed law enforcement agencies to enforce a total ban on cattle grazing, begging, street hawking; and commercial motorcycle (Okada) in the Federal Capital City. Speaking after an emergency security committee meeting in Abuja yesterday, FCT minister, Malam Muhammad Musa Bello stressed that the administration would continue ...

The International Finance Corporation, IFC, a member of the World Bank group in collaboration with the United Kingdom’s Department for International Development (DFID) is facilitating a massive solar energy programme, targeting Small and Medium Scale businesses across the country. Under the initiative, the Financial Institution with the DFID would deploy ...

O grupo mexicano América Móvil, dono da Claro/Net e Embratel no Brasil, tem interesse em comprar a Oi, seja como um negócio total ou em partes. Tudo vai depender do que a companhia vai liberar para venda, do que a regulamentação brasileira permitir e do preço, disse ao Valor o ...

Concessionária afirma estar pronta para fazer novos investimentos, mas que falta definição sobre projetos no Brasil