Mon Feb 15, 2016/Reuters By John Geddie World stocks rose sharply on Monday as China’s central bank fixed the yuan at a much stronger rate and oil cemented recent gains, easing fears of global deflation. The rally belied a string of poor economic data from Beijing and Tokyo as demand […]
Tag: Reuters
Nigerian interbank rate eases after liquidity rises
Feb 13, 2016/Reuters Nigeria’s overnight interbank lending rate eased to an average of 0.75 percent on Friday from around 3 percent midweek after the central bank let cash flow into the market from matured treasury bills, traders said. The central bank injected around 234 billion naira ($1.2 billion) in matured […]
Energy, banks lead Wall St. rebound after grueling week
Fri Feb 12, 2016/Reuters By Aastha Agnihotri Wall Street staged a modest comeback on Friday, led by a rebound in financial and energy stocks, after a punishing, widespread rout this week on concerns about the health of the global economy, and ahead of the long weekend. Nine of the 10 […]
