IMF, China Securities Regulatory Commission Sign Agreement on Strengthening Technical Cooperation on Financial Sector Capacity Development

November 23, 2016/IMF A new initiative launched this week further strengthens the close technical cooperation between China Securities Regulatory Commission and the International Monetary Fund (IMF) in support of China’s financial sector reforms. The five-year Memorandum of Understanding (MOU) covers cooperation areas such as capital market supervision and development, systemic […]

Wall St. set for flat open a day after hitting records

Photo Credit: BitCoin News November 23, 2016/Reuters By Yashaswini Swamynathan Wall Street was poised for a quiet open on Wednesday, a day after the post-election rally powered major indexes to record highs as investors bet that the next U.S. government’s policies would be more market friendly. However, healthcare stocks, which […]

Nigeria Union Bank to seek approval for 50 bln naira share sale

November 22, 2016/Reuters Nigeria’s Union Bank plans to seek shareholder approval next month to raise 50 billion naira ($158.7 million) through a share sale to existing investors, the bank said on Tuesday. In a notice to shareholders, the lender also said it will seek approval to increase its authorised share […]