European stocks slid on Tuesday as political risk once again returned to the fore with Italy nearing a deal for early elections and a fresh game of chicken over Greece's bailout keeping investors on...
Government will hence forth procure power on competitive basis, the Minister for Energy Boakye Agyarko has indicated. The Minister at the National Policy Summit on Tuesday said though the Mahama...
Commodity players in the exchange traded products market are proving chocaholics. For 10 consecutive weeks, the investors in exchange traded products, or ETPs, have raised their exposure to cocoa....
Chocolate addicts, it’s probably a good time to start stocking up. The treats may not be this cheap much longer. Cocoa’s 42 per cent slump over the last 12 months makes it the worst performer...
An Economist for Global Markets at Stanbic Bank, Mr. Ayomide Mejab, has advised local businesses on the need to hedge against the volatility of the cedi. Speaking in Accra, he said, the cedi, one of...
Ivory Coast’s cocoa regulator pointed to speculators and prospects for a glut as the reason for a slump in futures that forced the nation to cut the price it pays farmers. There was something it...
Traders see it as almost "inevitable" the US Federal Reserve will raise its benchmark interest rate on Wednesday after strong jobs growth. Markets which track investors' expectations for the key rate...
The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as investors unwound positions on growing expectations that the U. S. Federal Reserve...
European stocks held near 15-month highs and the dollar strengthened against other top global currencies on Thursday on growing expectations that the U. S. central bank will raise interest rates...
U. S. stock index futures rose to record intraday highs on Tuesday as oil prices surged and investors assessed earnings from top U.S. retailers. Wal-Mart's (WMT.N) shares were up 1.5 percent at...
Global equity markets were set to end the week on a softer footing on Friday, after setting record highs in the previous two sessions, as investors looked for clarity on U. S. President Donald...
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose that new U. S. sanctions against Iran could be extended to affect crude...
The dollar struggled to regain its poise on Wednesday after the Trump administration accused Germany, Japan and China of devaluing their currencies to gain a trade advantage, adding to a risk-off...
Oil prices fell Wednesday after reports showed increasing U. S. crude inventories, triggering worries for continued global crude over-supply. The West Texas Intermediate for March Delivery erased...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City U. S. stock index futures were little changed on Tuesday as investors assessed quarterly earnings reports, while...
Cocoa processing volumes by European grinders recorded an unexpectedly weak finish to 2016 – although the data provoked only minimal losses in futures, amid hopes for demand improvement this year....
Gold edged up slightly in a technical rebound on Monday after one-month highs hit last week were undercut by the prospects of more interest rate hikes from the U. S. Federal Reserve. Spot gold edged...
Asian stocks cut early gains as investor caution grew before a news conference by President-elect Donald Trump on Wednesday, where his views on global trade and China will be carefully scrutinized...
Cocoa is piling up at ports and warehouses in Ivory Coast, the world’s biggest producer, after a plunge in futures prices prompted some exporters to suspend purchases. Trucks carrying cocoa are...
Cocoa is piling up at ports and warehouses in Ivory Coast, the world’s biggest producer, after a plunge in futures prices prompted some exporters to suspend purchases. Trucks carrying cocoa are...