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Antony Njuguna / REUTERS

Zambia's December inflation quickens to 7.9 pct y/y

Zambia's headline consumer inflation quickened to 7.9 percent year-on-year in December, from 7.1 percent in November, the Central Statistics Office said on Thursday.

A file picture shows the South African twenty rand note.

S.Africa cbank keeps rates steady, hike seen by Q4

The South African Reserve Bank left its repo rate unchanged at 5.5 percent on Thursday but emphasised the deteriorating inflation outlook, raising the chance of an earlier-than-expected rate increase.

Investors continued to pour money into hedge funds in April – commodity strategies performed best

Hedge funds returned an average of 2.05% in April 2011 and the rate of net investor inflows was again above the 2010 average.

BRIM enters strategic partnership with New Alpha Asset Management.

Blue Rice Investment Management (BRIM) is pleased to announce its strategic partnership with NewAlpha Asset Management, the Paris-based global hedge fund incuba...

Lyxor Global Hedge Fund index was up +1.4% in April 2011, lifting year to date gains to 2.1%

The Lyxor Global Hedge Fund index, an investable index based on Lyxor's hedge fund platform which tracks the overall hedge fund universe, was up +1.4% in April, lifting year to date gains to 2.1%.

Americans hopeful but cautious on housing market, economic recovery

Americans expressed more cautious optimism during the first quarter of 2011 than in the fourth quarter of 2010, but they continue to lack confidence in the over...

IMF

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IMF could buy Spanish, Italian paper alongside EFSF

IMF positive on Ghana outlook but warns on finances

10:20 AM ET

The International Monetary Fund hailed the medium-term outlook for Ghana's oil-fueled economy as positive on Monday, but...

Nigeria

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Nigeria's FCMB 9-month pre-tax profit up 62 pct

10:21 AM ET

Nigeria's First City Monument Bank said on Monday its pre-tax profit rose by 62 percent to 9.88 billion naira for the nine months to September, from 6.

Carbon Tax

Steam and other emissions rise from a coal-fired power station near Lithgow

Carbon Taxing Should Be From Ground to Consumer: Study

12:56 AM ET

For the carbon tax law to be effective and efficient, governments must not only look on imposing them on businesses and manuf...

Obama

Barack Obama signing

Obama Plans Moves to Ease Mortgages, Student Loans

10:56 PM ET

President Barack Obama this week will announce a series of actions to help the economy that will not require congressional appr...

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