Investors on Edge Over Asian Markets Turmoil, Nigeria’s Forex Cap Limit
Turmoil in Asian markets and deepening concerns for Chinese economy continued to keep investors and the financial industry on their toes.
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Turmoil in Asian markets and deepening concerns for Chinese economy continued to keep investors and the financial industry on their toes.
Continue readingGlobal Stocks Slump on First Trading Day in 2016
Continue readingAhead of its historic meeting in Kenya this week, members of the World Trade Organization General Council decided on a pact aimed at addressing trade-related challenges faced by small vulnerable economies.
The agreement, which will be adopted by members during the WTO 10th Ministerial Conference in Nairobi this week, calls for integration of small vulnerable economies or least developed countries into the multilateral trading system. The draft proposal was presented last month by Committee on Trade and Development, a special committee of the organization assigned to review proposals submitted by members on a course of actions regarding trade issues.
Continue readingThe United States Export Import Bank is open for business once again after five months of waiting for reapproval from the U.S. Congress. The news followed several months of negotiations and political wrangling among members of U.S. Congressional caucus and Senate which resulted in the five-month lapse of the EXIM Bank operation.
Continue readingMobile shopping now accounts for a significant portion of retail shopping
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