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Business

China Central Bank Says To Keep Reasonable Credit Growth, Yuan Stable

China's central bank said on Monday that it would "flexibly" use various policy tools to maintain appropriate liquidity and reasonable growth in credit and...

U.S. Holiday Retail Sales Grow A ‘Solid’ 7.9 Percent: MasterCard

Strong online sales and demand for furniture and women's apparel helped U.S. retail sales grow by a "solid" 7.9 percent this holiday season, according...

End Of Easy Money For Mini-Refiners Splitting U.S. Shale?

Energy companies and oil trading firms that teamed up to build several mini-refineries that convert a swelling surplus of ultra-light U.S. crude into fuels...

Oil Falls To $37, Near 11-Year Low, As Excess Supply Weighs

Oil fell close to $37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that has more than...

Stock Futures Little Changed On Christmas Eve

U.S. stocks index futures were little changed on Thursday, ahead of a shortened trading session on Christmas eve. * Stock markets will shut at 1:00...

Nigeria To Await MTN’s Court Case Before Deciding On $3.9bn Fine

Nigerian authorities will wait for the outcome of a court challenge filed by South African telecoms firm MTN before deciding on whether to enforce...

U.S. Core Capital Goods Orders Fall In November

A gauge of U.S. business investment plans fell in November and the prior month's increase was revised sharply lower as the drag on manufacturing...

OPEC’s Market Share To Shrink By 2020 As Rivals Keep Pumping Despite Oil’s Collapse

Global demand for OPEC's crude will be lower in 2020 than next year as supply from rivals proves more resilient than expected, potentially fuelling...

Record Highs Predicted For Bitcoin In 2016 As New Supply Halves

2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme,...

FG To Enforce December 31 Deadline For MTN To Pay $3.9bn Fine

SAN FRANCISCO, December 22, (THEWILL) – Despite MTN Nigeria’s hire of seven Senior Advocates of Nigeria, SANs, to challenge the $5.2 billion fine slammed...