(Source: http://www.businesstimes.com.sg) The US dollar weakened to a more than six-week low against the yen on Tuesday, dipping below a key technical level as Treasury debt yields slipped on increased caution ahead of a trio of potentially market moving events on Thursday. [NEW YORK] The US dollar weakened to a more than six-week low against […]
(Source: http://www.businesstimes.com.sg) Gold’s making a run toward US$1,300 an ounce. The metal has rallied to the highest since November as investors position themselves for the outcome of the UK election and potential drama of former FBI Director James Comey’s testimony, while also tracking tensions in the Middle East. [SINGAPORE] Gold’s making a run toward US$1,300 […]
(Source: http://www.businesstimes.com.sg) Oil markets were subdued on Monday, with Brent struggling to maintain US$50 per barrel as efforts led by Opec to tighten the market were undermined by persistently rising US production. [SINGAPORE] Oil markets were subdued on Monday, with Brent struggling to maintain US$50 per barrel as efforts led by Opec to tighten the […]
Department stores again led the bleed of retail jobs.
(Source: http://www.businessinsider.sg) Cars are more than just a means to get from point a to point b. They can be works of rolling automotive art. Legendary car designers such as Marcello Gandini, Giorgetto Giugiaro, and more recently Ian Callum are artistic geniuses as much as they’re “car guys.” While beauty is without a doubt purely […]
The Nigerian economy recorded its second lowest investment inflow in 10 years, with the country attracting a total investment of $908.27m in the first quarter of 2017. The $908.27m investment figure, when compared to the $1.55bn that the economy attracted in the fourth quarter of 2016, represents a decline of $640.61m or 41.36 per cent. […]
*Retains policy rates *GDP contracts by 0.52% THE Central Bank of Nigeria, CBN, has expressed concern over the borrowing activities of the federal government, saying the pace of government’s borrowing has exceeded the target for the 2017 fiscal year. The CBN position came along with its Monetary Policy Committee, MPC, decision at the end of […]