Mozambique extends probe into govt loans to April 28
MAPUTO, March 25 Mozambique has extended until April 28 an investigation into government-owned firms that hid $2 billion in loans, state media said on Saturday.
BERN Dec 15 The Swiss National Bank stuck to its monetary policy guns on Thursday when it kept interest rates at record low levels to keep a lid on the "significantly overvalued" Swiss franc.
As expected, the central bank said it was keeping the target band for 3-month Libor at -0.25 to -1.25 percent and the interest rate it charges on sight deposits at -0.75 percent.
"The negative interest rate and the SNB's willingness to intervene in the foreign exchange market are intended to make Swiss franc investments less attractive, thereby easing pressure on the currency," the SNB said in a statement. (Reporting by John Revill and Silke Koltrowitz; Edoting by Michael Shields)
JOHANNESBURG, March 25 South African Finance Minister Pravin Gordhan embarks on a week-long non-deal investor roadshow in Britain and the United States on Monday as weak economic growth and ruling party tensions put the country's investment grade at risk.
WASHINGTON, March 24 After failing to repeal Obamacare, Republicans in the U.S. Congress quickly pivoted on Friday to President Donald Trump's next priority: overhauling the federal tax code, but their plan has already split the business community.