economy

Headlines

Asian Markets Rally With Wall St As Yellen Sparks Buying Spree

Asian markets surged on Thursday, extending a global rally that saw another record on Wall Street after the head of the...

Headlines

CNN Video Shows Trump With Figures Linked To Russia Email Controversy

CNN on Wednesday released a video showing Donald Trump attending a dinner with key figures at the center of a growing...

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Dow At Record, European Stocks Up As Yellen Pledges Gradual Rate Hikes

European and US stocks scored solid gains Wednesday, with the Dow ending at a fresh record, as investors welcomed...

News

Minimum Wage Is Not A Living Wage But A Survival Wage – ICU Boss

The General Secretary of the Industrial and Commercial Workers Union (ICU), Solomon Kotei, says the minimum wage in...

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US Sees ‘slight To Moderate’ Growth In June

The US economy saw "slight to moderate" growth in June while signs of mounting inflation remained scarce despite tight...

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US Economy Needs Only ‘gradual’ Rate Hikes

Federal Reserve Chair Janet Yellen on Wednesday said even as the US economy grows stronger and employment expands, she...

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Hyperloop Startup Moves Closer To Near-Supersonic Rail

US startup Hyperloop One on Wednesday announced the first successful full-systems test of its near-supersonic rail...

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Retail Inflation In India Hits Record Low

Retail inflation in India hit a record low in June, according to government data released Wednesday, reflecting a...

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Boakye Agyarko Slams ECG Group Over Privatization

The Energy Minister, Boakye Agyarko , has described as disingenuous threats by a group calling itself the Coalition...

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RBS Agrees $5.5 Bn Subprime Charge With US Regulator

Royal Bank of Scotland on Wednesday agreed to pay a US regulator $5.5 billion (4.8 billion euros) over its role in the...

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Fed’s Yellen Still Sees Only ‘gradual’ Rate Hikes

Federal Reserve Chair Janet Yellen said Wednesday she still foresees only "gradual" interest rate increases in the few...

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Donewell Pays Claims To GN Bank

Donewell Insurance has presented an interim cheque of Gh¢142,000.00 to officials of GN Bank, pending the submission of...

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Kremlin Denies Reaching Out To Trump Jr. Via Developer

The Kremlin has denied reaching out to a Moscow-based property developer and his son who arranged a meeting between a...

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China’s Central Bank Mulls Further Yuan Reforms

China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer...

News

Minimum Wage Goes Up To GHc9.60 From Jan 1

The National Tripartite Committee (NTC) yesterday announced a National Daily Minimum Wage (NDMW) of GH¢9.60, which is...

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Brazil Senate Passes Controversial Labour Reform

The Brazilian Senate has approved a controversial labour reform bill – the first major overhaul in 70 years. The law...

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US Stocks Stable After Midday Trump Tumble

Wall Street stocks finished little changed Tuesday, rebounding from a mid-session swoon sparked by unease over Donald...

News

Minimum Wage Increased By 10%

The national tripartite committee has increased the  daily minimum wage from GHc8.80 to GHc9.68 representing a 10...

Headlines

US Court Blocks Exxon From Forcing Payment From Venezuela

A US appeals court rejected an effort by ExxonMobil Tuesday to enforce a $188 million judgment against Venezuela for...