February 9, 2017/AMCON Press Statement From all indications, respite may have come the way of Arik Airlines currently immersed in heavy financial debt burden that is threatening to permanently ground the airline. For some time now, the airline, which carries about 55% of the load in the country, has been […]
Updates
South Africa’s rand weaker ahead of Zuma’s speech
February 9, 2017/Reuters South Africa’s rand weakened slightly against the dollar in early trade on Thursday ahead of President Jacob Zuma’s annual state of the nation speech where he will outline the government’s plans to improve the economy this year. (Reporting by Olivia Kumwenda-Mtambo; Editing by Biju Dwarakanath)
Asian stocks at 18-month highs as China rises
February 9, 2017/Reuters By Saikat Chatterjee Asian shares climbed to their highest in more than 18 months on Thursday, as investors grew more confident about China while the dollar slightly firmed in the wake of growing concerns over political instability in Europe. MSCI’s broadest index of Asia-Pacific shares outside Japan […]
