Stock market crashes

News

We’re Not In Financial Crisis – GTUC

The Ghana Technology University College (GTUC) has debunked claims that it is in a financial crisis. It said it has for...

Headlines

Stock Markets Buoyed Before Fed Update

World stock markets climbed Wednesday, with all eyes on the Federal Reserve's US interest rate decision as corporate...

Headlines

Global Markets Split Amid Corporate Earnings

Wall Street and major European stocks ended in mixed territory on Monday amid a busy weak of US corporate earnings....

News

Debt Stock To Reduce Slightly By End of Year

Vice President, Dr. Mahamudu Bawumia has stated that Ghana’s debt stock is declining contrary to assertions that it...

Headlines

China’s Economy Posts Steady Growth But Risks Remain

China posted better-than-expected growth in the second quarter, official data showed on Monday, but authorities warned...

Headlines

US Stocks Stable After Midday Trump Tumble

Wall Street stocks finished little changed Tuesday, rebounding from a mid-session swoon sparked by unease over Donald...

News

Moody’s Predicts Acceleration In Ghana’s ‘real’ GDP For 2017, 2018

Ghana’s B3 credit rating and stable outlook reflects its strong economic growth outlook and reduction in external...

Headlines

US Dollar Rebounds While Global Stocks Post Gains

Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday...

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Global Stocks Pressured By Tough Central Banker Talk

US stocks finished mostly higher Friday, bucking the trend in most global equity markets as worries about tightening...

Headlines

Beijing’s Hand Seen As Yuan Hits Nearly 7-Month High

China's yuan jumped to a near seven-month high Thursday, fuelling speculation that the government was pulling strings...

Headlines

Political Risk Weighs On European Stocks

European stocks slid on Tuesday as political risk once again returned to the fore with Italy nearing a deal for early...

International

Russia’s Economy Is On the Mend

Russia is heavily dependent on oil exports and was hit hard when crude prices started to crash The country is...

Headlines

US Household Debt Surpasses 2008 Levels

Household debt has surpassed a peak set during the 2008 financial crisis, marking a long, gradual recovering in...

Headlines

China Targets Debt Risks, But Does It Mean Business?

China has launched perhaps its most concerted push yet to clean up a toxic brew of unregulated and risky lending...

Headlines

Mallya’s $1bn Debt Is the ‘tip of the Iceberg’ of India’s Unpaid Loans

The recent arrest of Vijay Mallya highlighted the problem of bad loans in India, but analysts say the tycoon's unpaid...

Headlines

How Bad Corporate Debts Are Holding Back India’s Growth

The recent arrest of Vijay Mallya highlighted the problem of bad loans in India, but analysts say the tycoon's unpaid...

Business

IMF Points To Domestic Borrowing As Answer To Growing Debt

The International Monetary Fund (IMF) has thrown its weight behind the government’s decision to rely primarily on...

International

IMF Says Pace of Global Economic Growth Is Picking Up

IMF says pace of global economic growth is picking up The world economy seems to be gaining momentum, according the...

Headlines

Student Debt May Drag On Home Ownership

US students' debt burden is soaring, creating a barrier to home ownership and economic mobility as well as a potential...