Accra, Ghana
36°C
IT'S TIME SWITCH TO 4G ON MTN

GSE Feed

Forex Rate

Asia

Asia:Singapore seizes assets, to take action against major banks in 1MDB probe

sing

Singapore widened a crackdown on alleged money laundering in a probe tied to scandal-hit Malaysian state fund 1MDB, seizing assets and announcing it will take action against some of the biggest banks based in the city-state Singapore authorities said in a statement on Thursday that they had seized S$240 million ($177 million) of assets in an investigation of 1MDB-related fund ...

Read More »

Asian shares at nine-month highs as oil prices, Fed hike views strengthen

A businessman is reflected in an electronic board displaying Japan's Nikkei share average outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai

Asian stocks climbed to nine-month highs on Thursday, helped by a recovery in global oil prices, while the dollar strengthened against the safe-haven yen on resurgent expectations of a U.S. interest rate hike this year. European shares are expected to buck the trend and open lower before a European Central Bank meeting later in the day at which the ECB ...

Read More »

Asia:Profit taking weighs on stocks, dollar holds gains

A man walks past a screen displaying the Nikkei average outside a brokerage in Tokyo, Japan, June 24, 2016. REUTERS/Thomas Peter

Profit taking weighed on Asian stocks on Wednesday after a record run on Wall Street showed signs of petering out, while the dollar hovered near a four-month high against a basket of currencies following upbeat U.S. data. Investors’ risk appetite, which has recovered rapidly from the Brexit shock late in June, received a sobering reminder after the International Monetary Fund ...

Read More »

Asia:Nintendo stock loses ground on report of Pokemon GO delay for Japan

A woman using a mobile phone walks past a shop selling Pokemon goods in Tokyo, Japan July 20, 2016. REUTERS/Toru Hanai

Nintendo Co’s (7974.T) shares on Wednesday gave up some of their meteoric gains made on the record-breaking success of its Pokemon GO mobile game, hurt in part by a reported delay for the game’s introduction in Japan. Technology news site TechCrunch said that game developer Niantic Inc had planned to launch Pokemon GO in Japan on Wednesday but had canceled ...

Read More »

China’s sluggish economy continues to drag

china

China will add to the growing gloom hanging over the world economy when it posts its weakest growth in seven years on Friday. The world’s second-largest economy is expected to have expanded by 6.6% in the three months to the end of June, compared with the same period a year earlier, according to a CNNMoney survey of economists. That is ...

Read More »

Asia stocks hit four-week high, look forward to stimulus

Passersby walk past in front of electronic boards showing Japan's Nikkei share average (L), the Japanese yen's exchange rate against the U.S. dollar (C), British pound (R) and Euro (2nd R) outside a brokerage in Tokyo, Japan, July 6, 2016. REUTERS/Issei Kato

Asian shares enjoyed a relief rally on Monday as upbeat U.S. jobs data soothed immediate concerns about the health of the world’s largest economy, while the prospect of more policy stimulus helped keep sovereign yields near record lows. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS jumped 1.9 percent to a one-month top. Australia added 1.8 percent and Shanghai ...

Read More »

Iran:Oil price stable as Iran boosts crude exports

oil

Oil markets will remain stable this year even as Iran plans to keep boosting crude exports to regain the market share it lost due to sanctions, according to a senior official at state-run National Iranian Oil Company. Iran exports about 2 million barrels of its daily output of 3.8 million, said Mohsen Ghamsari, NIOC’s director of international affairs. The country ...

Read More »
Ghana Business News