finance

Headlines

Thai Junta Grants King Full Control of Palace Wealth

A new law giving Thailand's king direct control over royal assets worth billions of dollars went into force Monday, the...

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7th Prisons Service Council Inaugurated

A 13-member Prisons Service Council has been inaugurated to advise the President on matters of policy relating to the...

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Meeting of Minds As Netanyahu Visits Hungary’s Orban

Hungary welcomes Israeli premier Benjamin Netanyahu on Tuesday on a landmark visit that Prime Minister Viktor Orban...

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S.Africa’s White Enclave Eyes Move To E-Cash

A whites-only enclave in South Africa has resisted the country's multi-racial reality for more than two decades, even...

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Fidelity Bank Grows Agent Network

Largest privately owned Ghanaian bank, Fidelity Bank has expanded its agent network to make its services readily...

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Dow, S&P 500 End Week At Records; Dollar Tumbles

Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after...

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UMB $100m Support For One-District-One Factory Project Begins In Sept.

One district one factory project to begin in September. That is an assurance from the CEO of Universal Merchant Bank...

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Average Interest On Deposits Drops Marginally In June

The average interest offered by banks on customer deposits dropped by 2.67 percent between May and June 2017....

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‘Prompt Claims Payment Keeps Hope Alive’

Hollard Ghana says because insurance is meaningless without prompt claims, it has earned an enviable reputation in the...

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JPMorgan CEO Being American ‘almost An Embarassment’

JPMorgan Chase chief executive Jamie Dimon ripped into the political gridlock in Washington and said Friday that they...

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JPMorgan Chase Profits Up On Loan Growth

JPMorgan Chase reported higher second-quarter earnings Friday, boosted by loan growth and the benefits of increased...

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US Social Security Funds Run Out In 17 Years

The US government retirement program for the elderly will be exhausted starting in 17 years unless policies are...

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Govt To Raise GHc17.4 Bn In Third Quarter

Government is seeking to raise 17.4 billion cedis in the third quarter of this year from the securities market. The...

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EU Takes On Hungary Over NGO Law Seen As Targeting Soros

The EU launched legal action against Hungary on Thursday over a crackdown on foreign-backed civil society groups that...

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In Reversal, Afghan Girls Get US Visas To Attend Robotics Competition

A team of Afghan girls who had been denied visas to attend a Washington robotics competition are now allowed to come,...

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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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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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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...

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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...