Stock prices
The Nigerian stock market has recorded an extraordinary growth in seven months of 2025, with investors reaping over N25.7 trillion gains. This windfall has been fueled by monetary policy and broader macroeconomic shifts, which have spurred increased domestic and foreign investor confidence. The market capitalisation, a key performance indicator,
Stocks
The Financial Conduct Authority (FCA) is set to initiate a consultation review on compensation for the car loan scandal, a decision triggered by the Supreme Court's verdict last Friday. This move aims to address the potential repayment obligations for banks, which could reach up to £18 billion. Millions
Stocks
The FTSE 100 rebounded on Monday after a less severe than forecast motor finance ruling, with Lloyds Banking Group leading the gains. The FTSE 100 index closed up 59.72 points, 0.7%, at 9,128.30. The Financial Conduct Authority's announcement of an industry-wide redress scheme for
Stock prices
The Nigerian Stock Exchange (NGX) experienced a significant uptick in the banking sector on July 31, 2025, with four leading banks - Wema Bank Plc, Stanbic IBTC Holdings Plc, Guaranty Trust Holding Company Plc (GTCO), and Zenith Bank Plc - delivering exceptional year-to-date (YTD) returns. Wema Bank emerged as the
Stock prices
Global stock markets plummeted yesterday following US President Donald Trump's decision to impose tariffs on dozens of trading partners, including some of the country's closest allies. The move, which aims to reorder the global economy in favor of the US, has sparked widespread concern among countries
Stock prices
The Democratic National Committee (DNC) is sounding the alarm on President Trump's economy, citing plummeting job growth, rising prices, and a weakening global trade war. According to recent reports, the job market is experiencing a significant slowdown, with weak numbers in key sectors and a total of 73,
Stock prices
President Donald Trump's sweeping new taxes on imports are set to take effect in a week, aimed at overhauling global trading alliances. The new tariff regime brings the tax burden on imports to 18.3 percent, the highest mark since 1934. The move has sent shockwaves through global
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India's stock market experienced a decline on Thursday after US President Donald Trump announced the imposition of a 25% tariff on all goods coming from India, starting August 1, along with an unspecified penalty for buying Russian crude oil and military equipment. The announcement was met with a
Stocks
Asian shares were largely lower Thursday after U.S. stocks slipped, amidst doubts over whether the Federal Reserve will deliver economy-boosting cuts to interest rates by September. However, Japan's Nikkei 225 bucked the trend, rising 1.1% to 41,075.85, following the Bank of Japan's
Stock prices
The second quarter of 2025 ended with the Gulf Cooperation Council (GCC) equity markets demonstrating varied performances, as reported in the latest Investment Manager Report from the National Bank Oman GCC Fund. While Saudi Arabia struggled due to decreasing oil prices and government expenditure cuts, the United Arab Emirates emerged
Stocks
Thai stocks have maintained their upward momentum in recent trading sessions, driven by several factors, including fund inflows and the International Monetary Fund's (IMF) upward revision of its global and Thai economic forecasts. The market atmosphere continues to be supported by foreign fund inflows, with a larger picture
Stocks
The Ministry of Finance's (MoF) draft proposal to impose a 20 per cent personal income tax on profits from securities trading has triggered a heated discussion among experts, market participants, and industry bodies. Critics argue that the new tax could discourage investment and hinder the growth of Vietnam&
