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10h
Nigeria seeks to boost economy
Nigeria seeks to boost economy

Nigeria’s central bank asks commercial lenders to allocate 60 percent of foreign exchange (forex) purchases to manufacturers.

12h
Emerging market assets decline
Emerging market assets decline

Emerging-market assets decline on concerns Federal Reserve Chair Janet Yellen will signal the US central bank will raise interest rates this year.

14h
Nigeria benefits from currency move
Nigeria benefits from currency move

More than two months after Nigeria allowed its currency to devalue, the country is starting to reap some dividends.

33h
Bank says ‘hot commodity’ iron ore will cool
Bank says ‘hot commodity’ iron ore will cool
Commodities

Iron-ore prices may soon sag as supply rises and steel demand fades, according to Citigroup.

1 day ago
Crude slips to $47 as dollar retreats
Crude slips to $47 as dollar retreats
Commodities

Oil extends its retreat from a seven-week high on Tuesday amid supply concerns.

1 day ago
Gold rally revives scrap recycling
Gold rally revives scrap recycling
Commodities

The surprising rebound in gold prices this year has given new life to unwanted jewellery and coins - in the melting pot.

1 day ago
Dollar dips against the yen
Dollar dips against the yen
Currencies

The dollar shed 0.1 percent to 100.220 against the safe-haven yen amid a pullback in Tokyo stocks.

1 day ago
Asian stocks edge up
Asian stocks edge up

Asian shares inched ahead on Tuesday as a dearth of major data left markets with little to do but second-guess whether the ...

1 day ago
Wall Street little changed
Wall Street little changed

American stocks were little changed on Monday, as a drop in oil prices that weighed on the energy sector was offset with ...

2 days ago
Asian shares slip on Fed hike bets
Asian shares slip on Fed hike bets

Asian shares slipped on Monday as traders looked ahead to a US Federal Reserve gathering in Jackson Hole this week.

2 days ago
Dollar extends gains against yen
Dollar extends gains against yen
Currencies

The dollar was up 0.5% at 100.760 yen on Monday, pulling further away from an eight-week low of 99.550 struck early last week.

5 days ago
Oil trades above $48 as dollar pares weekly loss
Oil trades above $48 as dollar pares weekly loss
Commodities

Oil heads for its biggest weekly jump since March amid speculation that major producers will act to freeze output.

6 days ago
World stocks rise, dollar weakens
World stocks rise, dollar weakens

Europe's main bourses all followed Asian stocks higher on Thursday, breaking off from a losing streak at the start of the week.

7 days ago
Rand holding steady
Rand holding steady
Currencies

SA’s rand was little changed in early trade on Wednesday ahead of political announcements of possible coalition governments in two key municipalities.

7 days ago
Dollar rebounds against yen
Dollar rebounds against yen
Currencies

The dollar rebounded from seven-week lows against the yen on Wednesday after hawkish comments from Federal Reserve officials.