Standard & Poor’s

International

South Africa’s Credit Rating Has Been Cut To Junk Status

South Africa's credit rating has been cut to junk status by the ratings agency S&P Global. The agency said that...

Headlines

Toshiba Approves Bankruptcy For US Atomic Unit

Toshiba has approved a plan to place its US nuclear unit in bankruptcy protection, a report said Wednesday, as the...

Headlines

Toshiba’s US Atomic Unit To File For Bankruptcy

Shares in Toshiba plunged Monday on a report that said its loss-hit US nuclear unit could be placed into bankruptcy...

Headlines

S&P Cuts Troubled Toshiba’s Credit Rating

Standard & Poor's cut its credit rating on Toshiba again Friday, warning that the troubled company's finances were...

Headlines

US Treasury Halts Retirement Outlays To Stay Under Debt Limit

US Treasury Secretary Steven Mnuchin on Thursday announced his department is suspending contributions to government...

Headlines

Trump Pushes Obamacare Replacement Ahead of Cost Estimate

President Donald Trump, facing mounting concern that millions of Americans could lose their health insurance, met...

Headlines

Trump In Showdown Over Republican Obamacare Repeal Plan

Donald Trump has thrown his full weight behind a contested plan to repeal and replace Obamacare, battling to overcome...

Business

Ghana’s Economy Faces Further Downgrade As Debt Hit GHS122billion

An economist, Courage Kinsley Martey, is warning Ghana’s economy is likely to be downgraded further by international...

Top Stories

Ghana’s Economy Faces Further Downgrade As Debt Hit GHC122billion

An economist, Courage Kinsley Martey, is warning Ghana’s economy is likely to be downgraded further by international...

Headlines

S.Africa Budget Throws Light On Fractured ANC

South Africa's Finance Minister Pravin Gordhan delivers the annual budget in parliament Wednesday as he battles to...

Headlines

China’s Huge Debt Poses Big Headache For Central Bank

Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take...

International

In Ghana, Post-Election Fiscal Crunch Is Politics As Normal

Ghana's President Nana Akufo-Addo has taken power with ambitious plans to revive once spectacular economic growth, only...

Business

Ghana Risks Downgrade By Rating Agencies

Ghana might record a possible downgrade by credit rating agencies during their periodic assessments of economies in...

Top Stories

Ghana Risks Downgrade By Rating Agencies

Ghana might record a possible downgrade by credit rating agencies during their periodic assessment of economies in...

Top Stories

Materials and Energy Stocks Send Canadian Market Lower

Canada’s main stock market in Toronto retreated on Thursday, as declines in materials and energy stocks outpaced...

International

Toshiba To Unveil Extent of U.S. Nuclear Business Writedown On February 14

Japan's Toshiba Corp (6502. T) said it will unveil the extent of the writedown on its U.S. nuclear business on Feb. 14...

Top Stories

BoG Teams Up With IFC To Encourage Corporate Governance

The Bank of Ghana (BoG) has entered into a partnership with the International Finance Corporation (IFC) to promote...

Top Stories

Charlotte Osei Must Resign

A Private Legal Practitioner Kwame Adofo has suggested to the Chairperson of the Electoral Commission of Ghana (EC) Mrs...

International

Dollar Steady As Investors Await U.S. Presidential Debate, ECB

The dollar was steady in early trading on Thursday, as investors awaited the final debate before next month's U. S....