The greenback steadied on Friday but was set for its biggest weekly drop in three weeks as caution over growing coronavirus infections cast doubt over the U.S. economic outlook while a bounce in stocks pushed the kiwi dollar higher. Though an easing in European lockdown rules bodes well for sentiment...
Britain, France, Italy and Spain suggested a “phased approach” to global digital taxation talks in a joint letter to the U.S. treasury secretary last week, which they said could open the way for a deal this year. The four countries sent the letter to Secretary Steven Mnuchin after he called...
Gold prices surged to their highest in nearly eight years on Wednesday, while global shares cooled as signs of an acceleration in coronavirus cases kept investors on edge. Fuelling concerns about the prospects for an economic recovery was data showing several U.S. states seeing record infections and the death toll...
Tokyo stocks were higher Tuesday morning, as investor sentiment was bolstered by the U.S. technology shares rising overnight sending the Nasdaq Composite Index to a record high. The 225-issue Nikkei Stock Average gained 184.57 points, or 0.82 per cent, from Monday to 22,621.84. The broader Topix index of all First Section...
New Zealand police have frozen 140 million New Zealand dollars (90 million dollars) in funds thought to be linked to a crypto-currency firm whose owner has been accused of money laundering. Police Commissioner Andrew Coster said in a statement on Monday that “the money is linked to the Canton Business...
A Midnight fire has destroyed goods worth millions and property at the popular Oba Market, near the King Square (Ring Road), Benin City, Edo StateQuick News Africa has learnt. The fire reportedly started at the early hours of Monday morning ‎when there was no electricity supply to the market. According to Assistant ‎Controller,...