Financial Services

May 2, 2018

World Update: Dollar holds gains as Fed looms, Asia markets mostly drop

The dollar on Wednesday maintained most of its recent gains ahead of a key Federal Reserve policy announcement, while Asian equity markets struggled as investors returned […]
April 27, 2018

World Update: Deutsche Bank cuts deeper to fight profit plunge

Germany’s biggest lender Deutsche Bank on Thursday reported a slump in profits in the first quarter, with new CEO Christian Sewing announcing deep cuts at its […]
April 27, 2018

Nigeria Update: World Bank Group’s shareholders okay $13b for subsidiaries

A fresh hope of more development financing for middle and lower income countries, including Nigeria, has been raised, as the World Bank Group’s shareholders overwhelmingly approved […]
April 24, 2018

World Update: Dollar rises in Asia with Treasury yields, Japan exporters rally

The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields fan speculation of a sharp rise in interest […]