Archive of 18 May 2017

Lavrov says saw no secrets in US reports on laptop disclosures conveyed by Trump

NICOSIA: Russian Foreign Minister Sergei Lavrov said on Thursday he saw "no secrets" in US media reports of apparent security threats by Islamic state that...

TSX falls in broad retreat, resource stocks weigh

  TORONTO: Canada's benchmark stock index fell in a broad retreat early on Thursday, weighed down by mining and energy shares as prices for gold and...

Mali gold exports slip in 2016 on artisanal production

  BAMAKO: Mali exported 67 tonnes of gold in 2016, down from 70.2 tonnes in 2015, due to a slight drop in production from small-scale artisanal...

Wall St edges up as investors buy beaten down stocks

NEW YORK: US stocks edged up slightly on Thursday as investors sought bargains a day after the market slumped following a scandal that cast a...

IMF raises South Africa’s growth forecast for 2017 to 1 percent

JOHANNESBURG: The International Monetary Fund has raised South Africa's growth forecast for this year after recoveries in the agriculture and mining sectors, but perceptions of...

Nigeria aims to unlock credit for small firms with new development bank

ABUJA: Development Bank of Nigeria, a new state-backed lender, aims to make up to 20,000 new loans to small firms within its first year of...

MSCI shares pose main drag on Gulf as global markets skid

DUBAI: Stock markets in the Middle East most exposed to foreign fund flows followed global shares lower on Thursday, while the Saudi Arabian index, dominated...

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