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News

  • Govt mulling to jack up regulatory duty on import of luxury items 25 Sep 2021 07:17 GEO TV Dollar's ascend continues against descending rupee. Regulatory duty on the import of various luxury items such as automobiles, cosmetics, master baths, could be increased. The Tariff Policy Board is scheduled to meet next week. ISLAMABAD: In a bid to …
  • CNPP Disowns PDP Over Call For CBN Governors Sack 24 Sep 2021 22:28 African Examiner Posted by Ignatius Okpara Featured, Latest News, News Across Nigeria Friday, September 24th, 2021 (AFRICAN EXAMINER) – Conference of Nigerian Political Parties, CNPP, has disowned the call by the opposition  Peoples  Democratic Party (PDP) for the …
  • When politicians play God 24 Sep 2021 22:15 The Times of India Beautiful people espousing latest fads is not new, but some of these fads escaping the charmed circles of cause-chasing celebrities and invading the policy domain is—and it is dangerous. Green cults like electric vehicles and organic farming are two …
  • Commodities and Cryptos: Oil’s path higher, Gold turns positive, China’s Bitcoin blow 24 Sep 2021 18:45 OANDA Market Pulse Oil Crude prices continue to climb higher as both short-term supply and demand fundamentals suggest the oil market will remain tight throughout the winter.  The crude demand outlook is turning very upbeat as some scientist’s models predict a steady decline …
  • Meredith Soars on Report It has a Suitor in InterActiveCorp 24 Sep 2021 15:15 Investing.com By Dhirendra Tripathi Investing.com – Meredith (NYSE:MDP) stock jumped 30% Friday after The Wall Street Journal said IAC/InterActiveCorp (NASDAQ:IAC) is in advanced negotiations to acquire the magazine publisher. IAC stock rose 2% on news of the likely …
  • Japanese Yen Appreciates Amid China's Crackdown On Crypto, Evergrande Fears 24 Sep 2021 15:14 RTTNews The Japanese yen climbed against its most major counterparts in the European session on Friday, with China's crackdown on cryptocurrency industry and uncertainty about bond payments by China Evergrande Group denting sentiment. Chinese authorities said …
  • Rupee declines 4 paise to close at 73.68 against US dollar 24 Sep 2021 13:43 Business Standard The Indian rupee slipped 4 paise to close at 73.68 (provisional) against the US dollar on Friday, following weaker Asian peers against the American currency. At the interbank foreign exchange market, the local currency opened at 73.77. It touched an intra- …
  • U.S. Dollar Firms On Early Fed Rate Hike Hopes 24 Sep 2021 08:44 RTTNews The U.S. dollar gained ground against its major counterparts in the early European session on Friday, as investors brought forward their forecasts for a Fed rate hike to 2022 after it indicated an upcoming reduction in the bond buying program. Nine of the …
  • Traders, economists see early taper warning signs to markets from RBI 24 Sep 2021 08:23 Business Standard Traders are seeing hints that India’s central bank is seeking to drain record liquidity from the banking system, another sign that the global flood of pandemic-era easy money may begin to ease. The Reserve Bank of India is increasingly shifting its forex …
  • Australian Dollar Eases Amid Evergrande Worries 24 Sep 2021 06:52 RTTNews The Australian dollar retreated from its early highs against its most major counterparts in the Asian session on Friday, amid renewed concerns over financial crisis at China Evergrande Group and its impact on the economy. Evergrande's shares fell after …
  • Fazzaco to Exhibit at iFX EXPO International 2021 in Cyprus 24 Sep 2021 06:44 EIN Presswire CYPRUS, September 24, 2021 /⁨EINPresswire.com⁩/ -- Fazzaco is proud to announce that we are going to exhibit in the upcoming iFX EXPO International 2021, a B2B fintech expo, on October 5-6 in Limassol, Cyprus. Fazzaco will be located at Booth # …
  • Listen In: Will ESG concerns return to haunt ITC investors? 24 Sep 2021 05:38 Economic Times Hi there, Good Morning. Welcome to ETMarkets Morning, the show about money, business and markets. I am Nikhil Agarwal. Let's start with the headlines first. - DoT gearing up for another mega spectrum sale - Bookings up in many hotels - Bank deposits …
  • CCTV footage of Achimota daylight robbery drops 23 Sep 2021 21:25 Ghana MMA They were swift and bolted with huge cash under broad daylight in less than a minute but not without being captured by a nearby Closed-Circuit Television (CCTV) available to The Ghana Report. Four masked armed robbers executed the well-planned and …
  • Norway blames rising cost of stockfish in Nigeria on forex ban 23 Sep 2021 19:56 Pulse The News Agency of Nigeria (NAN) recalls that the Central Bank of Nigeria (CBN) 2015, listed pelagic fish and stockfish among 44 items not valid for Foreign Exchange Window. Lein told NAN on the sideline of a two-day seafood seminar in Port Harcourt that …
  • Oil rallies with risk, gold lower 23 Sep 2021 19:22 OANDA Market Pulse Oil outlook appears bright Crude prices appear to be on a one-way street that is headed higher.  With risk appetite running wild, WTI crude is getting pumped higher as energy traders fixate over how long this energy market can remain this tight.  Also …
  • US Federal Reserve: Pleasing Everyone, Covering Up Problems 23 Sep 2021 19:12 MENAFN (MENAFN- Daily Forex) FOMC Statement Says Much, Does Little The US Federal Reserve published its September 2021 FOMC Statement Wednesday and did not actually change anything drastic regarding its current monetary policy. Talk of Fed tapering in the US bond …
  • Investor Alert: Keep Calm and Carry On 23 Sep 2021 15:46 Investing.com The stock market (SPY) took a scary turn on Monday as news of Evergrande culminated in a worldwide sell off. Now with a little time and perspective investors see this was more smoke than actual fire creating a buy the dip event. Why did this happen? And …
  • Rupee rebounds 23 paise to close at 73.64 against U.S. dollar 23 Sep 2021 14:29 The Hindu The rupee rebounded by 23 paise to close at 73.64 against the U.S. dollar on Thursday following an improved risk appetite among investors triggered by positive global cues. Investors globally took the U.S. Fed statement of starting tapering as soon as …
  • FBS Trader App Shows a Perfect Example of Economic Calendar 23 Sep 2021 13:55 EIN Presswire SINGAPORE, Sept. 23, 2021 (GLOBE NEWSWIRE) -- FBS broker continues to grow its all-in-one mobile trading platform. In the recent update, FBS Trader got Economic Calendar. It means that traders can now keep up with breaking economic news and reports right …
  • U.S. Dollar Falls As Sentiment Improves After Fed Decision 23 Sep 2021 12:05 RTTNews The U.S. dollar weakened against its major rivals in the European session on Thursday, as markets responded positively to the Fed's announcement that the QE tapering could start soon given progress towards the central bank's goals. In its latest …
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