The European Financial Stability Facility said Saturday that all three ratings agencies — Standard & Poor’s, Moody’s and Fitch — have confirmed its AAA rating. The highest possible rating was confirmed after amendments decided in July took effect on October 18, bringing the fund’s lending capacity to 440 billion euros […]

The Nigerian interbank lending rates climbed on Friday to an average of 14.83 percent, from 14.50 percent last week, as a two week delay in the disbursal of September budgetary allocations started to dry up liquidity. The disbursal of budgetary allocations from September oil revenues to the three tiers of […]

TOKYO (Reuters) – Olympus Corp risks possible lawsuits unless a planned probe of acquisitions at the heart of a scandal engulfing the endoscope maker is truly independent, the head of the Tokyo Stock Exchange warned Friday. “There should be no prejudice. There are laws to protect shareholders,” Atsushi Saito told […]