Asian Stocks Rally on Fed Rate Cut Hopes, AI Boom and Safe-Haven Gold Demand
Asian stock markets are on track for solid weekly gains as investors bet on a near-term interest rate cut by…
Category: International
Google Warns Executives of High-Volume Extortion Emails Claiming Oracle Data Breach
Google has issued a warning to executives across multiple organizations after hackers allegedly sent extortion emails claiming to have stolen…
Global Stocks Rise as U.S. Shutdown Sparks Safe-Haven Demand and Fed Rate-Cut Bets
Global stock markets edged higher on Thursday as investors weighed the economic fallout from a potential U.S. government shutdown, while…
Gold Surges Toward $4,000 as U.S. Government Shutdown Fuels Safe-Haven Demand
Gold prices surged to historic levels on Wednesday, approaching the $4,000-per-ounce mark, as the United States entered its first government…
Oil Prices Dip to 17-Week Low Amid U.S. Government Shutdown and OPEC Output Concerns
Global oil prices slipped to their lowest levels in 17 weeks as traders reacted to a combination of political and…
Samsung, SK Hynix Stocks Hit One-Year Highs After OpenAI Partnership Boosts Investor Confidence
South Korea’s leading chipmakers, Samsung Electronics and SK Hynix, surged to their highest stock levels in a year on Thursday,…
Elon Musk’s Net Worth Hits $500 Billion, Becomes First Person in History to Reach Half a Trillion
Elon Musk has set yet another world record, becoming the first individual in history to cross the $500 billion net…
European Markets Dip Amid U.S. Tariff Concerns and Political Uncertainty
European markets opened lower on Tuesday as investors closely monitored U.S. trade policies and political developments, raising concerns over global…
European Markets Open Higher as Lufthansa Cuts 4,000 Jobs, Spain’s Inflation Rises
European stock markets started the week on a positive note on Monday, shrugging off worries about a possible U.S. government…
Venture Capital’s AI Services Bet Faces Hidden Challenges as “Workslop” Costs Mount
Venture capital firms are racing to apply artificial intelligence to traditional services businesses, convinced they can replicate software’s sky-high margins.…
Kenya Moves to Slash M-PESA and Airtel Money Fees to Boost Financial Inclusion
Kenya’s Central Bank (CBK) is moving to cut the cost of sending money through popular mobile money platforms M-PESA and…
China’s Stock Market Surge: AI and Chips Drive a Powerful Rally — But Is a Bubble Brewing?
China’s stock market is on a powerful upswing, with the benchmark CSI 300 index climbing about 16% since the start…
World Bank Cautions Ghana on Early Eurobond Market Return, Urges Focus on Reforms
The World Bank has strongly advised Ghana’s government against rushing back to the Eurobond market, warning that such a move…
Mahama Calls for Reset of Global Financial System to Empower Africa at UN Assembly
Ghanaian President John Dramani Mahama has urged for a major overhaul of the global financial system, insisting that Africa needs…
Ghana and UK Strengthen Trade Ties: Focus on Agribusiness, Investment, and Infrastructure
Ghana is taking a bold step to boost trade relations with the United Kingdom, following a high-level meeting between Sampson…
Mastercard Partners with Smile ID to Boost Secure Digital Identity Solutions Across Africa
Mastercard has strengthened its collaboration with Smile ID, a leading African identity verification company, to expand secure digital identity solutions…
Dollar Holds Firm as Markets Eye U.S. Spending Data and Fed Rate Path Amid New Tariffs
The U.S. dollar held steady near multi-week highs on Friday as stronger-than-expected economic data dampened expectations for further monetary easing…
UK Courts Ghanaian Businesses to Strengthen Trade Partnerships and Support 24-Hour Economy
The United Kingdom is urging Ghanaian businesses to see the UK as a key gateway for trade and investment, positioning…
US-Nigeria Bilateral Trade Hits $13 Billion in 2024 as Partnerships Deepen
The United States and Nigeria saw their bilateral trade surge to nearly $13 billion in 2024, the U.S. Consul General…
Microsoft Extends Free Windows 10 Security Updates Ahead of October 14 Deadline
Microsoft has unveiled a last-minute lifeline for Windows 10 users in the US and Europe, offering a free option to…
U.S. Treasury Yields Rise Amid Stronger Home Sales and Looming Government Shutdown
U.S. Treasury yields climbed on Wednesday as investors monitored upcoming economic data and weighed the risk of a federal government…
Asian Stocks Pause Amid Yen Weakness, Oil Slips as Investors Await Fed Signals
Asian stock markets took a breather on Thursday after a strong rally in recent weeks, as investors searched for new…
OpenAI Expands $500 Billion Stargate Project, Eyes Debt Financing and Nvidia Partnership for AI Chip Supply
OpenAI is accelerating its ambitious “Stargate” infrastructure initiative, initially pegged at $500 billion, to meet soaring demand for its AI…
California Senator Scott Wiener Pushes AI Safety Bill SB 53 as Big Tech Softens Opposition
California State Senator Scott Wiener is once again at the center of the fight over how to regulate artificial intelligence.…
Google’s AI Comeback: From Early Missteps to Market Leader in Just One Year
Once written off as lagging in the artificial intelligence race, Google has stunned the tech world with a dramatic comeback.…
European Stocks Dip as Powell Flags High Valuations; Defense Shares Rally on Trump’s Ukraine Comments
European markets slipped on Wednesday morning as investors digested a warning from U.S. Federal Reserve Chair Jerome Powell about inflated…
Chagoury, the Lebanese -Nigerian industrialist
Gilbert Ramez Chagoury, a Lebanese-born entrepreneur, has built a remarkable bridge between his hometown of Miziara in Lebanon and his…
Inside the Multi-Trillion-Dollar Race to Build AI Infrastructure: Microsoft, Oracle, Meta and More
Tech giants are pouring unprecedented sums into AI infrastructure, sparking a new gold rush in data centers and energy. Nvidia…
Nigeria–UAE Non-Oil Trade Hits Record $4.3 Billion, Eyes Deeper Economic Partnership
Trade relations between Nigeria and the United Arab Emirates (UAE) reached a historic milestone in 2024, with non-oil commodity exchanges…
Indian Tech Stocks Tumble Nearly 3% After Trump’s $100,000 H-1B Visa Fee Hits IT Sector
Indian technology stocks slid sharply on Monday, falling almost 3%, after U.S. President Donald Trump announced a steep new $100,000…