Australia's biggest company Commonwealth Bank on Wednesday posted a record first-half cash profit on the back of strong growth in home lending. The two percent lift in cash profit to Aus$4.91 billion...
They are agnostic on market direction, but ubiquitous in markets. Firms like Goldman Sachs and Morgan Stanley may get the headlines, but algorithms are the real force today on Wall Street. The...
The current falling Treasury bill rates will not reflect a drop in the cost of credit in Ghana, Ecobank Research has stated in its latest analysis of the Ghanaian economy. According to the report, it...
Traders at the Secondi Market in the Western Region face looming danger as the structure under which they sell their wares is at the verge of collapse. Speaking to GN MEDIA in an interview over the...
On the Ghana Stock Exchange (GSE,) trading activity in terms of volumes on the stock market decreased by 28.26% in the week under review as volumes of shares traded scaled down by 611,474. Further,...
The Ghana Stock Exchange (GSE) is proposing the listing of companies under government’s “One District One Factory” policy on its exchange via the Alternative Market (GAX). Managing Director of...
On the Ghana Stock Exchange (GSE,) the stock market performed impressively in the week under review as the market was dominated by block trades and high levels of trade volumes and values. The...
Toshiba Corp (6502. T) said it will sell a minority stake in its memory chip business as it urgently seeks funds to offset an imminent multi-billion dollar writedown, adding that its overseas nuclear...
On the Ghana Stock Exchange (GSE,) Trading activity in terms of volumes on the stock market decreased by 83.99% in the week under review as volumes of shares traded scaled down by 9,033,366. Further,...
When faced with the daunting task of having to raise capital to finance its growth, a business has two options to consider – debt which is effectively, borrowed money, or equity, representing...
Investors have begun ditching treasury bills and now exploring other investment instruments in the country over the continuous significant decline in TBill rates in the country. The Treasury Bill...
By Kwamina K. Asomaning Executive Director and Head of Corporate and Investment Banking, Stanbic Bank Ghana Deepening our financial sector requires greater access to private pools of equity capital...
China needs to keep financial market liquidity stable and regulate its "money gates" to prevent asset bubbles, but it also needs to ensure a lack of liquidity doesn't cause financial stress,...
Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD including already issued longer-term bonds that matured this year, have hit...
The Bank of Ghana(BoG) has refuted claims that the issuance of dollar denominated bond in the country will drain dollar accounts of banks. Government recently raised a total of 94.62 million dollars...
The Bank of Ghana(BoG) has refuted claims that the issuance of dollar denominated bond in the country will drain dollar accounts of banks. Government recently raised a total of 94.62 million dollars...
Banks borrowing from each other or the central bank, otherwise known as repurchase agreements or repos, has hit GH¢145.7 billion in November 2016, which is a 451 per cent increase from the GH¢26.4...
Over the past six years, banks have increased their appetite for funds from overnight lending and placements which they source under repurchase agreements (REPOS) as an alternative but less costly...
Investors resumed the post-U. S. election trade of selling bonds and buying stocks on Wednesday after a pause earlier this week, albeit less aggressively, with Japan's 10-year bond yield hitting its...
A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a Donald Trump presidency. US and European bond prices have sunk in expectation that he...
