The World Bank lowered its 2013 and 2014 economic growth forecasts for China and most of developing East Asia on Monday, citing slower growth in the world’s most populous nation as well as weaker commodity prices that have hurt exports and investments in countries such as Indonesia. “Developing East Asia […]
Tag: Asia
NSE Closes Week as 2nd Best Performing Index Globally
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday closed the week as the second best performing index globally with a 35 percent (35%) Year-to-Date (YTD) performance despite the Tuesday’s holiday declared by the Federal Government. According to the Afrinvest weekly update on the global equity […]
Okonjo-Iweala to Chair Meeting of Commonwealth Finance Ministers in Washington DC
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Ngozi Okonjo-Iweala, Nigeria’s Finance Minister will chair the forthcoming meeting of the Commonwealth Finance Ministers in Washington D.C during the annual meetings of the International Monetary Fund (IMF) and World Bank. This is contained in a Statement from Julius Mucunguzi Acting Communications Adviser […]
