Global Markets Sluggish Wednesday

Asian markets were mixed Wednesday as optimism over a potential coronavirus vaccine earlier this week steadily begins to fade.
The Nikkei index in Tokyo gained nearly 162 points to finish 0.7% higher, while Sydney’s S&P/ASX, …

Asian Markets Plummet Thursday

Asian markets were all trading lower Thursday in reaction to a gloomy assessment about the struggles facing the global economy due to the coronavirus pandemic.
Japan’s Nikkei index was down 1.5 percent in late afternoon …

European Markets Begin Week in Positive Territory

European markets are beginning the week on a high note, with all three major indexes making gains in early trading Monday.
The FTSE in London and the DAX in Frankfurt are both 0.4% higher, while …

Global Markets Mixed on Thursday

Global markets were mixed Thursday, with Asian indexes struggling despite good economic news from China.
Japan’s Nikkei index closed 0.2 percent higher, while the TSEC 50 in Taipei finished 0.6 percent higher. The indexes in …

Asian Markets Make Gains Tuesday

Asian markets are trading higher Tuesday.
Sydney’s S&P/ASX index was up 1.4% in midday trading, while the Hang Seng index in Hong Kong was 0.7% higher and Taiwan’s TSEC 50 was 0.5% higher. Seoul’s KOSPI …

Stocks Rally on Hopes of Reopening Global Economy

WASHINGTON – Global stocks rallied on Monday, showing investors optimism about the gradual reopening of the global economy. But the oil market suffered further losses.
Major U.S. market indexes ended in positive territory when trading …

Economists Say Coronavirus Will Slam African Economies

ADDIS ABABA - As the coronavirus spreads across Africa, countries are taking stronger measures to curb its spread. The restrictions may contain the virus, but will likely have a deep impact on the continent's economies. …

Solve IT! 2020 – A Year of Smarter Solutions

Solve IT 2020, a nationwide innovation competition to encourage young Ethiopians to address community issues through the application of software, hardware and other technologies, launched on March 11, 2020. The third in a series of …