Archive for the January 6, 2019
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The Kenyan, Tanzanian and Ugandan currencies are likely to weaken in the coming week, while Zambia's currency is expected to remain firm. KENYA - The Kenyan shilling is expected to be under pressure against the
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A top Japanese finance ministry official on Friday said the government would respond to wild swings in currency markets if needed, in comments analysts say were aimed at talking down the yen after its surged
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The US dollar retreated against the euro on Friday, giving up all the gains logged after a robust US jobs report, following comments from Federal Reserve Chairman Jerome Powell that the US central bank will
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China's central bank said on Friday it was cutting the amount of cash that banks have to hold as reserves for the fifth time in a year, freeing up $116 billion for new lending as
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New York's Metropolitan Museum of Art welcomed almost 7.4 million visitors in 2018, figures showed Friday, a new record for the venerable institution which in March began charging a fixed fee for out-of-towners. The figure
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The new boss of Brazilian state-owned oil giant Petrobras said Thursday that he wanted to draw a line under the company's graft-mired past and offer "a new dawn." "Monopolies restrict liberty," Roberto Castello Branco told
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Months of disruption to the German car industry from new emissions tests barely dented annual sales figures in 2018, official data showed Friday, although diesel vehicles' popularity ebbed further. A total of 3.44 million new
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China's population is set to reach a peak of 1.442 billion in 2029 and start a long period of "unstoppable" decline in 2030, government scholars said in a research report published on Friday. The world's
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The sprawling southwestern Chinese city of Chongqing has introduced more measures to bolster the real economy amid growing pressure from Beijing to step up support for the country's private sector as economic growth slows. The
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Four people died Saturday and a baby girl in a critical condition was among the injured, in two separate tower block fires in northeastern Spain, firefighters said. The first blaze started on Saturday morning in
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