AP Photo Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President Donald Trump’s attack on the U.S. central bank. The Nikkei 225 fell by an unusually wide margin of 5.1 percent to 19,147.45 points. The Shanghai Composite Index lost 2.1 percent to 2,473.75. Benchmarks in Thailand and

NEW YORK — After almost 10 years, Wall Street’s rally looks like it’s ending. Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All of the major indexes have lost 16 to 26 percent from their highs this summer and fall. Barring huge gains during

IOM staff in front of the new office buildings. Photo: IOM 2018/Jan van‘t Land Mogadishu – The International Organization for Migration (IOM) this week (19/12) opened a new main office in Mogadishu, constructed after the request of the Government of Somalia to support ongoing migration management programmes in the country. Following International Migrants Day, IOM

Turkish President Recep Tayyip Erdoğan has held talks with visiting Iranian counterpart Hassan Rouhani, with Syria on top of the agenda after a surprise U.S. decision to withdraw troops from the war-torn country. The two leaders sat down for the meeting in Ankara, which was arranged before U.S. President Donald Trump’s announcement. Trump stunned allies

Cytonn Investment’s Amara Ridge in Karen /ENOS TECHE Kenya is among the Common Market for Eastern and Southern Africa (COMESA) countries that recorded notable increase in Foreign Direct Investment in 2017. The Comesa Investment Trend 2018 report released yesterday shows Kenya recorded $671.7 million (Sh67.1 billion) in FDI last year, up from $393.3 million (Sh39.3

Improvement in aviation safety and general security situation in Somalia has prompted foreign airlines to launch flights to Mogadishu, an airport official said on Tuesday. Said Eliye, director of operations and international relations at the Mogadishu international airport, said with the rising confidence in the country’s security, more international airlines were in talks to launch

European officials and companies met with African leaders in Vienna Tuesday for talks intended as a springboard to increase investment in Africa. Austrian Chancellor Sebastian Kurz, whose country currently holds the rotating presidency of the European Union, said investments of around 1 billion euros ($1.13 billion) could materialize as a result of guarantees and other

Sale would include 80 Patriot missiles, 60 other missiles, associated equipment, says Pentagon security cooperation agency WASHINGTON -The U.S. State Department has approved a possible foreign military sale of the Patriot air and missile defense system to Turkey for an estimated total of $3.5 billion, the Pentagon said Tuesday. According to the Defense Security Cooperation

Chinese fishing vessel (file image courtesy Tim Watters) Somalia has issued a large number of fishing licenses to Chinese operators, raising concerns among domestic fishermen that foreign fishing pressure in Somali waters will increase. In a ceremony on December 11, Somali President Mohamed Abdullahi Farmajo announced that his administration has granted 31 fishing licenses to

Foreign investors are playing a more important role in China’s A-share market in recent years, which will improve market functioning and boost the performance of large-cap equities and consumer stocks, China Daily reported Monday. Holdings of foreign investors in the A-share market accounted for about 2.5 percent of total market capitalization as of June this