WORLD

Car Bombing Kills 18 at U.N. Base in Nigeria [PHOTOS]

A victim of a bomb blast ripped through the United Nations offices in the Nigerian capital of Abuja is loaded into an ambulance
At least 18 people were killed at a U.N. base in Abuja, Nigeria on Friday when a suicide bomber drove a vehicle packed with explosives into the headquarters. U.N. Secretary-General Ban Ki-moon has since condemned the morning attack and said top officials will be dispatched to the Nigerian capital to respond to the emergency.
More news
IBTimes Logo

Kenya Shilling Steady: Eyes on Lending Rule Impact

The Kenyan shilling was stable against the dollar on Friday, and traders said prevailing tight shilling liquidity was expected to keep the local currency on a strengthening bias, while the main share index broke a four-day losing streak.
Susan Shabangu

S.Africa: Mines Minister to Assess Industry Progress

South Africa's mines minister Susan Shabangu will in a few weeks time give her assessment of how much progress the industry has made in reaching the targets of a charter aimed at giving previously excluded blacks a higher share of ownership, her spokesperson said on Friday.
IBTimes Logo

Kenya: Interbank Borrowing Rate at 26% Unacceptable

An interbank borrowing rate of 26 percent in Kenya is unacceptable, a senior Treasury official said on Friday, and staff from the ministry of finance and the central bank are working on a plan to deal with interest rates while supporting the shilling currency.
General view of the Tema oil refinery near Ghana's capital Accra

Ghana Parliament Approves $3 Billion Chinese Loan

Ghana's parliament on Friday approved a $3 billion Chinese loan and the country's finance minister said the west African nation was in talks with China's Exim bank for loans worth another $6 billion, which are part of a broader Chinese package.
Strategic and political issues at US-China talks

China denounces U.S. report, defends military upgrade

China denounced on Friday a Pentagon report that warned its military modernization could destabilize the region, saying the U.S. military's annual assessment of Beijing's armed forces indulged in exaggeration and groundless suspicion.
IBTimes Logo

Joint U.S.-China operation busts child porn ring

A joint U.S.-China police operation has cracked a Chinese-language child pornography ring in New York, Chinese police said, an unusual public example of cooperation between the countries' law enforcement agencies.
IBTimes Logo

China says ConocoPhillips to pay for Bohai oil spill

An oil spill by a subsidiary of ConocoPhillips has polluted 5,500 square kilometres of water in China's northern Bohai Bay, China's marine authorities and state media said on Friday, adding the company will have to pay for the spill.
Chinese Yuan

China plans to mop up bank liquidity

China has ordered banks to include their margin deposits in required reserves at the central bank to mop up excessive liquidity, banking sources said on Friday, the latest move in Beijing's campaign to rein in worrisome inflation.
IBTimes Logo

China invests $199 billion for urban rail through 2015

China will invest about 1.27 trillion yuan ($199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development, the official China Securities Journal reported on Friday.
J apan's Prime Minister Naoto Kan leaves from the podium at a general meeting of his DPJ lawmakers in Tokyo

Japan PM to Resign, Successor Race Hard to Call

The race to pick Japan's sixth leader in five years appeared on Friday to be shaping up as a battle between the most popular contender and a rival backed by a party powerbroker, although with five candidates in play, the outcome was hard to call.
IBTimes Logo

China to publish new yuan investment rules soon

China will publish rules as early as next month to allow offshore yuan to be invested in the mainland's capital markets under a new scheme, the Shanghai Securities News reported on Friday, citing people close to the securities regulator.
IBTimes Logo

Guinea, China in talks over bauxite mine, refinery

Guinea is in advanced talks with state-owned China Power Investment to develop a bauxite mine and build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said.
IBTimes Logo

China province raises taxi fares after strikes

The booming eastern Chinese province of Zhejiang has ordered a rise in taxi fares in cities and counties with underpriced cabs following a wave of strikes by drivers demanding higher wages, state news agency Xinhua said on Friday.
Tripoli prays for peace as rebels hunt Gaddafi

Tripoli prays for peace as rebels hunt Gaddafi

The people of Tripoli ventured out to mosques on Friday, praying for peace and offering thanks for the fall of Muammar Gaddafi, though the Libyan capital remained locked down and dangerous as rebel fighters hunted the fugitive strongman.
Quebecers fleeing separatists, Liberals, poll shows

Quebecers fleeing separatists, Liberals, poll shows

A political party that does not yet exist would win the next Quebec election handily, beating both the ruling Liberals and separatists who want independence for the Canadian province, a poll indicated on Thursday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.