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Mauritius to Finance New Africa Training Institute-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said Mauritius will help finance IMF’s New Africa Training Institute serving Sub-Saharan Africa. This is contained in a Statement by the Fund and made available to www.investadvocateng.com in Lagos Nigeria. According to the Statement, Christine Lagarde, Managing Director (MD) […]

China Construction Bank investigates wealth management product dispute

China Construction Bank Corp (CCB) said on Thursday that it is investigating allegations by investors that a clerk at the country’s second-biggest lender misled them into buying a wealth management product that underperformed. Seven investors have complained to the country’s banking and securities regulators after the product lost more than […]

Home prices rose in ninth straight month: S&P

Single-family home prices rose in October for nine months in a row, reinforcing the view the domestic real estate market is improving and should bolster the economy in 2013, a closely watched survey showed on Wednesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 0.7 percent in October […]