Ghanaian businessman Frederick Kumi aka Abu Trica was extradited to the US on July 9 and was set to appear before a federal judge over an $8m fraud case.
PwC Ghana has projected that the cedi will maintain broad stability over the medium term, despite a recent bout of depreciation that has weighed on the cedi.
European aviation giant Airbus said Thursday that Vietnamese airline Vietjet Air has agreed to buy 20 of its A330-900 planes. Vietjet signed a memorandum of understanding with Airbus for the widebody aircraft, which will replace its current fleet of leased A330-300 planes, Airbus said in a statement.
Japan's blue-chip Nikkei 225 on Thursday finally broke through a record high set just before the country's asset bubble catastrophically burst in the early 1990s. Its stock market was hit by global downturns such as the burst of the dot-com bubble in the early 2000s and the 2008-2009 financial crisis.
A Chinese tech security firm was able to breach foreign governments, infiltrate social media accounts and hack personal computers, a massive data leak analysed by experts this week has revealed. The leaked data also revealed the fees that hackers could earn, they said -- including $55,000 from breaking into a government ministry in Vietnam.
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