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IMF warns U.S., Europe could slip into recession

By Lesley Wroughton WASHINGTON (Reuters) – Europe and the United States could slip back into recession next year unless they quickly tackle economic problems that could infect the rest of the world, the International Monetary Fund said on Tuesday. The IMF said financial volatility had increased dramatically as investors worried […]

SEC probes trading before U.S. rating cut: report

By Sakthi Prasad (Reuters) – Securities regulators have sent subpoenas to hedge funds and other trading firms as it probes possible insider trading before the U.S. government’s long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter. U.S. Securities and Exchange Commission […]

Expert advocates asset securitisation to lift stock market

By Udeme Ekwere Asset securitisation is one of the options that should be considered as a means of deepening activities in the Nigerian capital market, an investment banker has said. Specifically, the Managing Director, Goldbanc Management Associates Limited, Mr. Olu Abayomi-Sanya, said that the option would work well to grow […]