A deepening recession moved the Reserve Bank of New Zealand to cut interest rates for the first time since 2003, putting benchmark borrowing costs at 8.00%. The Kiwi dollar responded sharply, dropping ...

European stocks are set to open flat at the start of a week that begins with Germany's Ifo index of German business sentiment Monday and ends with the Jackson Hole symposium, where both Federal ...

High Commissioner for Refugees, António Guterres, has welcomed yesterday's announcement by Prime Minister Raila Odinga that Kenya is to open the Ifo Two extension at the Dadaab refugee complex near ...