Democrats are slamming a Republican bid to dismantle financial rules put in place after the 2008 crisis as the "wrong choice" for the country. House Republicans approved a sweeping measure on...
Traders are expecting a volatile day for the pound and UK shares after the election resulted in a hung parliament. Overnight the pound fell sharply, at one stage hitting $1.27 against the dollar,...
A former HSBC executive was arrested in London this week to face US charges he conspired to fix the foreign exchange market, US officials said in court papers. Stuart Scott, a British citizen and a...
Finance Minister Ken Ofori-Atta yesterday defused the controversy surrounding the issuance of the $2.25 billion bond. He indicated in parliament that the domestic bonds were issued in a competitive...
The United States Securities and Exchange Commission (SEC) has appointed a case manager for the petition filed by the Minority over government’s recent $2.25 billion bond issue. Minority...
Mone...in the West, one maybe hears the word money four or five times a day. On the streets of Ghana, it can be heard up to 100 times a day. Over time, a separation in peoples' minds has been created...
The United States Securities and Exchange Commission (SEC) has appointed a case manager for the petition filed by the Minority over government’s recent $2.25 billion bond issue. Minority...
India's central bank held interest rates in line with analysts' expectations on Wednesday, rebuffing the finance ministry's desire for a cut after India's growth slowed. The Reserve Bank of India...
The Ghana Education Service (GES), has said it is ready to pay all invigilators all outstanding arrears. This comes after threats from some invigilators in the Agortime-Ziope district of the Volta...
The Ghana Education Service (GES), has said it is ready to pay all invigilators all outstanding arrears. This comes after threats from some invigilators in the Agortime-Ziope district of the Volta...
China's yuan jumped to a near seven-month high Thursday, fuelling speculation that the government was pulling strings to prop up the beleaguered currency in response to last week's credit rating...
The Minority in Parliament will kick against the planned issue of a 15-year bond to clear energy sector debts if the Akufo-Addo administration does not come clean on key details about this particular...
Economist, Dr. Lord Mensah has suggested that the response to government’s 15 year energy sector bond will determine the investor confidence in the Ghanaian economy. In his view, the interest to be...
The absence of a board of directors at the Securities and Exchange Commission (SEC) is severely hampering the equity and debt listing of companies on the stock market, with about GH¢1biliion worth...
Some students of Accra Technical University, including final year students, on Monday protested against a decision by the institution to disallow them entry into the examination hall over the late...
The ‘$2.25bn’ Templeton bond saga is a classic example of ‘PR motivated by political spin’ gone bad. I am a strong believer in institutional policy making and cringe when politicians seek to...
The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing the supply of critical services in the country. This is the position of...
Bangladesh detectives hit the jackpot when they stopped Mohammad Belal at Chittagong airport carrying some surprising excess baggage. Under questioning, the 37-year-old admitted he had a dozen chunks...
When Wu Qi and her husband traded in their Mazda 3 for a more expensive Mercedes Benz sedan, they applied for a 200,000 yuan ($29,000) bank loan to help pay for it. They got the money within minutes....
Economist, Professor Godfred Bokpin has told Citi Business News the seeming delay in the issuance of the energy bonds may be deliberate to attract more buyers. He has however urged government to...