Chinese Retail Traders Turn to AI with DeepSeek, Redefining Quant Fund Perception
In a dramatic shift, Chinese retail traders are turning to AI tools like DeepSeek, a quant-based platform, to enhance their…
Category: International
CoreWeave Secures $11.9 Billion Deal with OpenAI Ahead of IPO
CoreWeave, a fast-growing AI startup backed by Nvidia, has signed a significant five-year agreement worth $11.9 billion with OpenAI. The…
US Stock Market Loses $1.75 Trillion Following Trump’s Recession Concerns
The US stock market experienced a massive loss of over $1.7 trillion in value after President Donald Trump suggested that…
Hong Kong Launches Streamlined Visa Scheme to Attract Global Tech Talent
Hong Kong has unveiled the 2025 edition of the Technology Talent Admission Scheme (TechTAS), designed to streamline the entry of…
Africa Finance Corporation Marks First London Stock Exchange Listing with Market Close Ceremony
Africa Finance Corporation (AFC) recently achieved a significant milestone by marking its first-ever listing on the London Stock Exchange (LSE)…
Stocks Decline Amid Trump’s Trade War, China’s Deflation Concerns, and Economic Worries
Global stock markets faced declines on Monday, fueled by concerns over rising deflationary pressures in China and growing uncertainties surrounding…
Fitch Assigns Negative Outlook to Adani Energy Amid U.S. Probe Risks
Fitch Ratings has placed a negative outlook on Adani Energy Solutions Limited, citing concerns over corporate governance and the ongoing…
China Bond Yields Surge as Investors Reassess Rate Cut Expectations
China’s sovereign bond yields reached their highest levels of the year, as investor optimism about economic growth led to reduced…
Ghana’s Treasury Bill Yields Hit 20-Month Low Amid Fiscal Consolidation Strategy
Treasury bill yields have continued their downward trend, reaching the lowest levels in 20 months, with average rates between 17%…
U.S. Dollar Weakens Amid Trade War Fears, Safe-Haven Currencies Soar
The U.S. dollar is under pressure, trading near a four-month low against major currencies as concerns over a potential global…
China’s Top Universities Expand Enrollment to Focus on AI and Strategic Technologies
In a bid to strengthen its capabilities in artificial intelligence (AI) and other key sectors, several of China’s leading universities…
2025 Budget Crucial for Ghana’s Economic Recovery, Says Finance Minister Ato Forson
Finance Minister Dr. Cassiel Ato Forson has emphasized the significance of the 2025 Budget in stabilizing Ghana’s fragile economy. During…
China Faces Growing Economic Uncertainty Amid Trade Tensions and Domestic Challenges
China’s economy is grappling with increasing uncertainty on the international front, as well as domestic challenges, according to top economic…
Nigeria and UK Strengthen Cybersecurity Collaboration
Nigeria and the United Kingdom have joined forces to enhance the country’s cybersecurity capabilities, focusing on creating a robust National…
Microsoft Withdraws from Some CoreWeave Agreements Over Delivery Issues
Microsoft has reportedly pulled back from certain agreements with CoreWeave, a cloud computing provider, due to delivery issues and missed…
Ghana Government Considers Listing State-Owned Enterprises on Stock Exchange
The Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has confirmed that the Ghanaian government will consider the possibility of…
Stocks Rise as U.S. Tariff Tensions Ease; Euro Strengthens Ahead of ECB Decision
Asian stock markets saw gains on Thursday as investor sentiment improved following news that U.S. President Donald Trump had granted…
Telecoms Industry Faces Growth Challenges, Yet Revenue Set to Reach $1.1 Trillion by 2028
The global telecoms industry is expected to see steady revenue growth despite significant challenges, with projected revenue reaching $1.1 trillion…
Africa Strengthens Cybersecurity with Stricter Data Protection Laws
In a significant move toward enhancing data security, 39 out of 55 African nations have now enacted data protection laws,…
US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey Reveals
A recent report from the Federal Reserve indicates that U.S. economic activity has experienced modest growth since mid-January, with employment…
Bank of Ghana to Commission Value-for-Money Audit on $261M Headquarters Project
The Bank of Ghana (BoG) has announced plans to contract Architectural and Engineering Services Limited (AESL) for a value-for-money audit…
Foreign Investors Drive Nigerian Eurobonds’ February Rally
Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence. Data from the Debt Management Office…
Dubai Leads as Most Digitally Dependent City in 2025
Dubai has claimed the top spot as the most digitally dependent city in the world for 2025, according to a…
Nvidia and Broadcom Test Intel’s 18A Chip Process Amid Delays in Foundry Business
Nvidia and Broadcom are reportedly conducting tests on Intel’s 18A chip manufacturing process, a critical step as both companies evaluate…
European Markets Drop as Trump Tariffs Impact Autos, Thales Shares Surge
European markets took a sharp downturn on Tuesday amid growing concerns over the global effects of U.S. tariffs on Mexico,…
Bank of Ghana Suspends Gold-for-Oil Programme Amid Policy Challenges
The Bank of Ghana (BoG) has decided to suspend its Gold-for-Oil program due to operational and policy challenges that resulted…
Ghana Saves GH¢1bn After Treasury Bill Rate Reduction
Ghana has saved approximately GH¢1 billion following a significant reduction in Treasury Bill (T-Bill) rates, according to Finance Minister Cassiel…
DeepSeek’s Growth Highlights the Rise of China’s AI Industry, Says Official
DeepSeek, a rising AI startup based in Hangzhou, is being hailed as a symbol of China’s growing prominence in artificial…
Hedge Funds and Institutional Investors Boost Retail Store Stocks Amid Economic Uncertainty
In recent months, institutional investors, including hedge funds, have increased their investments in both online and brick-and-mortar retail companies, signaling…
GIPC CEO Calls for Diversification of Foreign Direct Investment in Ghana
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has advocated for diversifying Foreign Direct Investment…