Low patronage of the  Nigerian stock market  by investors has been linked to  phobia most investors are having, following the nationalisation of three banks by the Central Bank of Nigeria (CBN), THISDAY checks have revealed. The chief executive officer of a leading stockbroking firm, who spoke under the condition of […]

Late mortgage payments rise in 3rd qtr for first time since 2009; may show start of new trend NEW YORK (AP) — While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners were having a harder time making their mortgage payments. The rate that mortgage holders […]

TOKYO (AP) — Toyota said its quarterly profit slid 18.5 percent to 80.4 billion yen ($1 billion) on plunging sales caused by parts shortages from the tsunami disaster in northeastern Japan and warned it faces a new challenge from flooding in Thailand. Toyota Motor Corp. declined Tuesday to give a […]