The slight shift will mean Moody’s rates the country as reasonably safe for investment.
Kenya has announced a bold new plan to streamline operations at its busiest port and benefit from regional trade.
More than 40% of firms grossing $10 million to $1 billion in revenue expect to hire within the next year.
Wall Street's bulls received a boost Wed.: a solid Facebook earnings report - but does it suggest a strengthening recovery?
Cambodia is confident its economy will grow by 7.6% in 2013, despite upcoming elections.
The world’s most-expensive city for expats in 2013 is not Tokyo or Moscow. It’s an African seaport.
The U.S. is probing antidumping charges against India and eight other countries while Joe Biden urges India to lift restrictions on exports.
The measure, if it becomes law, caps student loan interest rates at 8.25 percent for undergraduates and 9.5 percent for graduates.
South Africa leads the way as other African countries begin to realize nuclear goals.
Firefighting crews have been dispatched to the scene, after cloud of natural gas ignited overnight.
Wells Fargo has overtaken China's ICBC as world's largest bank by market capitalization.
A broad revival in manufacturing and a stabilizing service sector contributed to the most encouraging results since Jan. 2012.
Most of the new jobs will be in Michigan and 80 percent of the new employees will be engineers and information technology specialists.
Most of them drive, and far too few carpool.
Investors are still trying to determine if this market has enough positive economic trends to support stock valuations.
China's manufacturing sector registered yet another drop, sparking concerns over the extended slowdown while giving strength to stimulus hopes.
China's HSBC Flash PMI for July is 47.7 -- an 11-month low -- compared with June's final reading of 48.2.
As Japan formally joins talks for massive free trade zone, U.S. auto workers pressure Washington over access to Japanese market.
Home to the second-largest stock of built assets, China will likely overtake the U.S. in that regard by mid-decade.
A survey by UBS wealth management found that a lot of U.S. millionaires do not consider themselves "wealthy."
Residential investment would need to almost double for the housing recovery to strongly impact broader economic growth, said Barclays economists.
Haphazard methods of land governance are hampering Africa's productivity.
Premier Li Keqiang’s government sees 7 percent growth as the bottom line for tolerance of an economic slowdown.
The central bank's managing director said that 80 percent of assets managed in Singapore come from overseas.
The monthly manufacturing business sentiment for July beat economists’ expectations.
The debt burden for the euro zone hit record levels even as austerity measures ensure unemployment levels remain high.
India, where Vice President Biden is on a visit, could insist that its judiciary have the final say in disputes involving American businesses.
McDonald's Corp. (MCD), UBS (NYSE:UBS) and Halliburton Company (NYSE: HAL) reported second-quarter earnings this morning.
Philippines President Benigno Aquino calls for legislative momentum on a wide range of issues, including tax and land reform.
The U.K. economy is bracing for a royal baby "bump" or slight increase in GDP. But can the positive economic impact last?