China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading of the yuan, but analysts are sceptical about its efforts to relax...
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...
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....
China has launched perhaps its most concerted push yet to clean up a toxic brew of unregulated and risky lending increasingly viewed as a threat to global financial stability, but do authorities...
The euro jumped to a five-month high after the first round of voting in the French presidential election on Sunday. Centrist Emmanuel Macron topped the voting, going through to the final round with...
The euro jumped to a five-month high after the first round of voting in the French presidential election on Sunday. Centrist Emmanuel Macron topped the voting, going through to the final round with...
CAL Bank has assured that an acquisition of 27.7 percent stake in the bank by Arise Investment will further grow the company to entrench its position as one of the leading banks in Ghana. Arise...
CAL Bank Limited has announced that its second largest shareholder DPI has successfully sold its 27.7 percent stake in CAL Bank to Arise BV of Netherlands. Since 2012, when DPI, a leading...
The increasingly unpredictable French presidential election race unnerved European financial markets on Tuesday, tipping the euro towards its biggest fall this year and driving investors away from...
The dollar inched fractionally higher on Friday, as it limped toward U. S. jobs data facing its fourth straight weekly fall in what has already been its worst start to a year in three decades. The...
The dollar edged higher on Monday, boosted by robust U. S. wage growth data strengthening the case for more Federal Reserve interest rate increases, while Britain's pound fell on Prime Minister...
The Ghana Cocoa Board (COCOBOD) has signed a $1.8billion cocoa syndicated loan agreement in Frankfurt, Germany, for the 2016/2017 cocoa crop year. The facility will go into the purchase of cocoa...
