WORLD BUSINESS & ECONOMY

By Lukman Otunuga, Senior Research Analyst, FXTM The Rand has fallen out of favour with investors today, tumbling roughly 1.0% against the Dollar to hit 14.68 following the abysmal announcement that the South African economy contracted by 0.6% during the third quarter of 2019. Unfavourable global macroeconomic conditions inspired by world trade uncertainty are certainly not providing the South African economy any favours, while domestic risks continue...

By Samson Echenim A new report by the United Nations Conference on Trade and Investment (UNCTAD) has shown that nations...

Kenneth Afor   The United States government has announced that it will slam a 100 percent fine on imports of...

Nigeria risks becoming home to a quarter of the world’s destitute people in a decade unless policymakers act to revive economic...

Growth in India's economic output slowed to its weakest since the first quarter of 2013, according to Reuters, and was...

The foreign ministry gave another warning on Thursday after President Donald Trump signed bills backing Hong Kong’s protesters, using language...

Trade volume between Nigeria and Belgium now stands at 3 billion euros annually but that could increase in few years,...

Asia cannot feed itself and will require another $800 billion in the next 10 years to produce more food for...

By Samson Echenim Uncertainty is weighing on firms in the European Union as economic climate in the EU is worsening...

Kenneth Afor Sugar production in India, the world’s second-largest producer of the sweetener is expected to drop by 19 percent...