Increased Chinese spending on housing and hopes of an infrastructure bonanza in the US and India are driving a recovery in resources giants, analysts said, with major miners raking in huge profits. A...
The United States has rekindled interest in ultra long-term debt, including possibly a rare century bond, to lock in the current very low borrowing rates. "I think it's something that we should...
South African retailer Massmart reported an almost 16 percent rise in full-year profit on Thursday, as the firm controlled costs and closed some of its less profitable stores in a tough economic...
Federal Reserve officials have said they may need to raise interest rates "fairly soon" if the economy stays strong, minutes of their meeting show. The first meeting of the Fed since Donald Trump...
This rate is 1.7 percent lower than the rate recorded in December 2016 which was 4.9 percent. The monthly change rate for January 2017 was 2.1 percent. According to the Ghana Statistical Service, the...
The Director of Operations, Dalex Finance, Mr. Joe Jackson has said that Ghana's continuing borrowing at high interest rates has rendered the country completely cash strapped. "Ghana is broke, we...
Have you needed to use your high school chemistry recently? Anyone asked you lately who won the US-British war of 1812? Probably not. But have you taken out a loan to purchase a car or a house or go...
U. S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks up and energy service providers hike fees to take a bigger share of the profits...
Inflation will continue to fall in Ghana in 2017, following several years of extraordinarily high price growth, Fitch has predicted. According to the ratings agency, “having peaked at 19.2 percent...
Private sector businesses have strongly advocated an optimal inflation target to guide economic policies that support private sector growth. They argue that the current drop in inflation while other...
Wages grew faster than the rate of inflation at the end of 2016, official figures show. In the three months to December, wages grew 2.6% on an annualised basis in the UK, according to the Office for...
The inflation rate for January 2017 is 13.3 per cent, a drop from the 15.4 percent recorded in December 2016, Government Statistician Baah Wadieh has announced. Food inflation dropped to 7 percent...
US consumer prices in January rose at their fastest pace in nearly four years, a fresh sign that a pickup in inflation may be approaching, Labor Department figures showed Wednesday. The consumer...
Ghana’s inflation for the first month of 2017, January recorded 13.3 percent. The figure dropped by 2.8 percent from the 15.4 percent recorded in December 2016. Ghana started 2016 with an...
British consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound, official data...
Possible changes in fiscal policy by US President Donald Trump are among the factors adding "uncertainty" to the economic outlook, Federal Reserve Chair Janet Yellen said Tuesday. She cautioned that...
US wholesale inflation continued its upward trend in January, recording its largest monthly gain in more than four years, according to data released Tuesday by the Labor Department. The Producer...
Inflation has reached its highest rate for two-and-a-half years, mainly as a result of the rising price of fuel. Annual inflation as measured by the Consumer Prices Index (CPI) reached 1.8% last...
The Bank of Ghana(BoG) has intensified moves to encourage commercial banks in the country to cede some portion of their annual funds as credit to farmers in the Agriculture sector. Even though 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...
