On the last trading day of the year, Japanese shares posted their best annual performance for more than four decades, leaving other major markets in the dust. Foreign investors piled into the long-laggard market in 2013 as the government and central…
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Equity transactions on the Nigerian Stock Exchange (NSE) opened after the holiday on Friday in an upward trend with the…
Shareholders of Italy’s troubled Banca Monte dei Paschi di Siena — the world’s oldest bank — on Saturday voted to postpone until mid-2014 a giant capital increase needed to stave off nationalisation. Management had wanted the 3.0-billion-euro ($4.…
Europe’s main stock markets rose on Friday as trading resumed after the Christmas break, but the political crisis gripping Turkey sent its currency sliding to a new record low. London’s benchmark FTSE 100 index climbed 0.85 percent to close at 6,750…
Five years after the meltdown of the Nigerian stock market, some investors and operators have shaken off their investment shocks…
Twitter shares tumbled Friday after a brokerage analyst warned the popular messaging network was overvalued following a meteoric rise since its initial public offering in November. Twitter shares closed down 12.99 percent at $63.79. But the stock has…
European stock markets rose in light pre-holiday trading on the coattails of Wall Street gains on renewed confidence in the strength of the US economic recovery, with Frankfurt setting a new record high. London’s benchmark FTSE 100 index gained 1.09…
A common complaint in Nigeria is that things just don’t work. The phones don’t work, the internet is down– and the man who fixes your car is “not around.” In this climate of confusion how does a savvy new internet company style like amazon.com, manage…
As you’ve probably heard by now, the news for BlackBerry over the past several months has not been good. And this morning’s quarterly earnings report—which, according to Engadget’s breakdown, saw a 1.8 million drop in smartphone shipments and…
The United States and the European Union on Friday ended a third round of talks to create the world’s largest free-trade area to boost growth and jobs in their huge economies. US and EU trade officials wrapped up five days of negotiations in Washington…