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Stocks reach one-month high on U.S. debt ceiling hopes

Global shares rose to a one-month high and the dollar trounced major currencies on Friday as markets reflected increased hopes for a deal over...

Stocks wobble, dollar at six-week high, on debt impasse

Global shares dipped on Wednesday, while the dollar headed for its biggest weekly gain since February to trade at six-week highs, reflecting risk aversion...

Stocks stuck, oil sags as US inflation and debt woes loom

Stocks were lethargic and oil slid on Wednesday ahead of U.S. consumer price data that could damage hopes for interest rate cuts later this...

Shares rise, but debt crisis and inflation data dent dollar

Global shares edged up in light trading on Monday, ahead of U.S. inflation data this week that could prove instrumental in setting expectations for...

Stocks and euro sag ahead of expected ECB rate hike

Europe's stock markets and the euro sagged on Thursday as investors waited for another European Central Bank rate rise after the U.S. Federal Reserve...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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