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S. Korea’s Forex Authorities Open USD35 Billion Swap Line

South Korea's foreign exchange authorities and the state pension fund operator opened a currency swap line of 35 billion U.S. dollars to ease volatility...

Nicolas Sarkozy Convicted for Campaign Finance Scandal

A Paris appeals court upheld the verdict on Wednesday, finding former French President Nicolas Sarkozy guilty of illegal campaign financing in connection with his...

Hurricane Otis kills Dozens on the Pacific coast of Mexico

At least 27 people are dead and four missing on the Pacific coast of Mexico, which has been left in ruins after Hurricane Otis...

Revenue escalates for Zimre Holdings Limited (ZHL)

ZIMRE HOLDINGS LIMITED (ZHL), the country’s diversified investment holding company has registered a growth in revenue by 68% and 799% above the prior year. In...

Statutory Instrument 127 Will Cripple the Economy

Industrialists have dismissed the effectiveness of statutory instrument 127 in addressing Zimbabwe’s foreign currency challenges, ENN reports. The Confederation of Zimbabwe Industries (CZI) has...