JOHANNESBURG: Foreign direct investment from emerging markets into Africa outpaced that from developed markets in 2012, but the number of new FDI projects into the continent fell 12 percent from the previous year, Ernst & Young said on Monday.
Tuesday, May 07, 2013
Monday, May 06, 2013
Billionaire Warren Buffet optimistic on US stocks
WASHINGTON: Billionaire Warren Buffett said the US economy is moving in the right direction and praised the policies of both President Barack Obama and his predecessor George W. Bush, in an interview that aired Sunday.
Sunday, May 05, 2013
BOE Seen Keeping QE on Hold as Economy Shows Signs of Recovery
The Bank of England will maintain its target for asset purchases next week after surveys indicated the recovery is gaining momentum, a survey of economists shows.
Saturday, May 04, 2013
Strong US jobs report triggers stock market rally
LONDON (AP) — Stock markets rallied on Friday, with both the Dow and S&P hitting new highs, after an unexpectedly strong U.S. jobs report indicated the world's largest economy is not slowing down, as some had feared.
Friday, May 03, 2013
US central bank keeps buying bonds to boost economy
The US Federal Reserve has kept its $85bn-a-month bond buying in place, in an effort to keep borrowing costs low and bolster the economy.
Thursday, May 02, 2013
China trade secret theft a "grave problem": U.S. trade agency
WASHINGTON (Reuters) - The United States is gravely concerned about the impact that Chinese theft of U.S. trade secrets is having on American companies and the economic security of the United States, the U.S. Trade Representative's office said on Wednesday.
Wednesday, May 01, 2013
U.K. Stocks Drop Even as FTSE 100 Rises for 11th Month
U.K. stocks declined, even as the FTSE 100 (UKX) and FTSE All-Share Indexes both posted their longest- ever streaks of monthly gains, as mining companies fell and a report showed U.S. business activity shrank this month.
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