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SNB Warns of Political Risks as Rates Kept at a Record Low
The Swiss National Bank kept interest rates at a record low, saying the franc remains “highly valued” and that another bout of financial market stress could spark a fresh rally.
JPMorgan Sees Dividend Stocks as Emerging Markets' Silver Lining
Dividend-paying emerging market stocks may actually be the best bet for equity investors in a rising interest rate environment, despite the recent selloff in that space, according to JPMorgan Asset Management.
Buhari's Feuding Party Threatens Re-Election Bid in Nigeria
Widening splits in Nigerian President Muhammadu Buhari’s ruling All Progressives Congress are jeopardizing his bid for re-election next year.
Zimbabwe Produced 3.4 Tons of Gold in May, Fidelity Says
Zimbabwean small-scale miners produced 2.2 metric tons of gold in May, while bigger companies had 1.2 tons in output of the precious metal, the central bank’s gold-buying unit said.
OPEC Works Toward Deal as Saudis Propose Plan for Higher Output
The odds of OPEC reaching an oil-production deal increased as Iran edged away from a threat to veto any agreement that would raise output and Saudi Arabia put forward a plan that would add about 600,000 barrels a day to the global market.
Iran May Yet Save an OPEC Output Deal
Iran's position points to a compromise everyone should accept.
Throwing Retirees’ Money Into the Sea
Pensioners shouldn't be funding big and untested renewable energy projects.
China Accuses U.S. of Trade `Abuses' as India Hits Back at Trump
The global trade war deepened Thursday with China reiterating it will hit back if the latest tariff threats from Donald Trump materialize, while India followed the European Union in slapping retaliatory levies on U.S. goods.
Traders Bailing on Malaysia Send Shares Sinking Into Correction
The worst streak of losses for Malaysian shares since last October is pushing the nation’s benchmark gauge toward a so-called correction.
Tiger Brands May Not Find How Deadly Bacteria Entered its Plant
Tiger Brands Ltd. may never know how a strain of bacteria linked by the government to the world’s deadliest outbreak of listeriosis entered its South African factory.