Fear of death driving people away from savings

New York, March 28 (IANS) If you are not saving enough for your retirement, you may not be alone. A new study has shown that a large number of people avoid saving for their old age because they are afraid to think of their own death. ...

China's pension fund to flow into stock market

Beijing, March 28 (IANS) China's pension fund may begin investing in the nation's share markets, a move that will channel approximately 600 billion yuan ($92 billion) into the equity market and likely improve its liquidity, the media reported on Monday. ...

World Bank opens country office in Malaysia

​Kuala Lumpur, March 28 (IANS) The World Bank opened its office in Malaysia on Monday which will also serve as a global knowledge and research hub. World Bank said its new office will facilitate its partnership with Malaysia, in areas such as financial intermediation and inclusion, and to support the bank's twin goals of ending ...

China sets new online import tax rules

​Beijing, March 27 (IANS) China will change the tax rules on online retail goods from April 8 to level the playing field for e-commerce platforms and traditional retailers and importers, a media report said on Sunday. ...

Bourses rate firms with women board members higher

​London, March 13 (IANS) Companies that have women on their driving seat are highly valued by investors and shareholders, finds a new study. Firms with women on their executive and supervisory boards are rated high on the bourses as a result of the few women who climbed to the top of the career ladder in ...

US Federal Reserve keeps interest rates unchanged

​Washington, March 17 (IANS) The US Federal Reserve kept its benchmark short-term interest rates unchanged as widely expected, noting that "global economic and financial developments continue to pose risks" to the US economy. ...

Japan reports biggest trade surplus since 2011

Tokyo, March 17 (IANS) Japan reported a trade surplus of 242.8 billion yen ($2.2 billion), marking its biggest trade surplus since September 2011, the government announced Thursday. ...

British FTSE 100 decreases

London, March 16 (IANS) FTSE 100 Index, British benchmark stock market gauge decreased by 0.56 percent, or 34.60 points, to 6,139.97 points. Share price of Coca-Cola HBC increased by 1.78 percent, topping the gainers of the blue chips on Tuesday, Xinhua news agency reported. ...

Nigeria not to devalue currency: Vice President

​Lagos, Feb 28 (IANS) Nigeria's currency will not be devalued despite pressures, Vice President Yomi Osinbajo said.Speaking at a town hall meeting here on Saturday, Osinbajo insisted that devaluation was not on the table, adding that is the position of government, Xinhua news agency ...

US stocks fluctuate after upbeat GDP report

​New York, Feb 27 (IANS) US stocks traded narrowly mixed as the country's economic growth was revised up to one percent in the fourth quarter of 2015.By Friday noon, the Dow Jones Industrial Average edged down 0.89 point, or 0.01 percent, to 16,696.40, Xinhua news agency reported. The S&P 500 rose 3.19 points, or 0.16 ...

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