Never before has the desire for African integration been backed by concrete actions than in the last couple of years. We have, of recent, seen growing interest from African leaders who now realise that trade â not aid â is the key to achieving significant economic development. Without doubt, African
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However, clothing and footwear prices fell 7.9 percent from a year earlier, partly because of deep discounting by retailers battling a slow economy, while housing and utility prices rose only 1.3 percent. Residential rents are exempt from the tax, and the Saudi real estate market has been slumping.
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Pakistan's financial risk in January rose the most since Bloomberg started compiling data in 2015. Pakistan's benchmark stock index has dropped 18 percent since a peak in May last year with foreigners selling shares after the country was upgraded to emerging market status by MSCI Inc. Political
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Shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS) are on our watchlist today as the stock has moved 0.00% from the open, touching $63.52 on a recent trade. While the stock has a nice low price tag to it, does it have any value? Sometimes the stock market can be very confusing, even for the
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A less rampant real estate market pushed down Metlifecare's net profit after tax by nearly 66 per cent but that was not reflective of the business making more revenue. The retirement giant made $56.5 million net profit after tax in the December 31 half-year, down on the previous $165m in the same period
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With a two-hour spectacle of drones and K-Pop on Sunday, South Korean President Moon Jae-in celebrated the end of a Winter Games that fostered a fragile peace with North Korea. Now, he's got to make it last. Even before North Korean athletes started returning across their fortified border, Moon was
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NEW DELHI: As another case of massive bank loan default surfaced today, Congress president Rahul Gandhi took a dig at Prime Minister Narendra Modi … “I am surprised that despite our prime minister being the most expensive 'chowkidar' (watchman), why are all these (banking frauds) happening
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Home prices in Chinese first-tier cities saw negative year-on-year growth in January for the first time in 32 months, Shanghai Securities Journal reported, citing data released by the National Bureau of Statistics. According to the bureau, 11 out of 15 hotspot cities saw a drop in the sales price of new
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South African company heads cheered the start of Cyril Ramaphosa's presidency, saying that business and consumer confidence were sure to improve following the departure of scandal-hit Jacob Zuma. The result should be economic growth and even job creation, while various stagnating
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As the 2018 Winter Olympics come to an end, The Financial Times is applauding a host city that turned gold medals into the real thing. In Whistler, a ski town outside of Vancouver where the numerous events for the 2010 Winter Olympics were held, real estate has continued to skyrocket as snow
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Jiang believes that rising interest rates will begin to take their toll on consumers some time this year. China has rolled out successive measures over the years to cool down its housing market, especially in first-tier cities which now rank on par with Hong Kong and New York in terms of housing costs.
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Michael McCormack will be Australia's next deputy prime minister, replacing Barnaby Joyce who stepped down last week after an extramarital affair with a former aide. McCormack, 53, a former journalist and businessman who's largely unknown to the general public, landed the role Monday after he was
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It has become a widely accepted tenet of modern economics that markets are flawed and need fixing by experts to engineer desired outcomes. At the Winter Games in Pyeongchang, which just concluded, the International Olympic Committee appeared to take this conviction to extremes, trying to fill
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Tesla has started inviting some Model 3 reservation holders who aren't already part of the Tesla family to configure and order their cars. The company says the cars will be delivered four weeks after the orders are placed. The first of these invitations, as reported by the Wall Street Journal, went out last
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Embattled estate agent Foxtons is expected to reveal another halving of profits this week after being hammered by a slowdown in London's property market. The chain trades almost exclusively in the capital, which helped it grow rapidly in previous years but has proven to be a major weakness as the
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A record number of new apartments is set to hit the market this year, but any oversupply in the coming months is unlikely to trigger a crash in house prices, Bank of America-Merill Lynch economists say. Instead, a moderating property market will lead to fewer housing starts and sow the seeds of under
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The CBI on Wednesday filed a case against businessman Amit Singla and others on a complaint of the Bank of Maharashtra for a loan through forged documents and its criminal misappropriation and use. The same day, the agency also filed a case against Inder Chand Chundawat, then Senior Branch
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There were reports yesterday of objections from the Department of Finance to the European bank regulator's enthusiasm for selling on dud mortgages held by the Irish banks. The previous week had seen a virulent outbreak of banker-bashing directed mainly at Permanent TSB, which has announced
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Vanguard Mortgage Bkd Sects ETF logo Raymond James Financial Services Advisors Inc. raised its holdings in shares of Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
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Royce & Associates LP raised its holdings in shares of Kimball International by 13.1% in the fourth quarter. Royce & Associates LP now owns 2,780,069 shares of the company's stock valued at $51,904,000 after purchasing an additional 320,989 shares during the last quarter. BlackRock Inc. increased
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