By Agency Reporter Monday, 1 Nov 2010 ONE of Japan‘s richest men has labelled Australia‘s $43bn National Broadband Network “a stupid waste of taxpayers‘money.” Masayoshi Son, who heads Japanese internet and mobile giant Softbank and counts Apple‘s Steve Jobs and Microsoft‘s Bill Gates among his friends, attacked the Gillard government‘s signature […]

By Agency Reporter Monday, 1 Nov 2010 The Bank of England‘s preferred measure of broad money supply picked up in September, but remained well below its long-term trend, highlighting the continuing hurdles to recovery in the United Kingdom economy. Analysts said although unexpectedly strong UK Gross Domestic Product figures have reduced […]

By Ademola Alawiye Monday, 1 Nov 2010 Emerging market fund managers at the Wall Street Investment Summit have selected Nigeria as their top African investment destination. According to a statement obtained by our correspondent on Saturday, the fund managers expressed interest in investment opportunities in Nigeria. Speaking on behalf of the […]