Algeria, Angola Others Still Owe $1.7bn In Foreign Airlines Blocked Funds – IATA
The International Air Transport Association (IATA) has highlighted Algeria, Angola, and Eritrea as countries that…
Category: International
India rupee hits record low, bond yields dip as a change of guard at RBI spurs rate cut bets
The Indian rupee slipped to a historic low of 84.85 per U.S. dollar on Tuesday,…
Chinese Policy Signals Lift Global Stocks as Bonds Reflect Caution
China’s equity markets rallied to near one-month highs after a Politburo announcement signaled a shift…
Equinor ends 31years Nigerian journey for profitable markets
Norwegian energy company Equinor has exited Nigeria after 31 years, finalizing its divestment from the…
Asia stocks slip on South Korea turbulence, China disinflation
Asian stock markets faced a challenging start to the week as South Korean stocks tumbled…
Asian Stocks Stumble Amid South Korean Political Turmoil and Global Market Uncertainty
Asian markets faced turbulence as South Korean political upheaval weighed heavily on sentiment. The imposition…
Asia and Europe stocks climb on the US lead while dollar dips
Asian and European stock markets saw strong gains on December 3, following a rally in…
Euro Steadies as France Political Crisis Worsens Investor Concerns
The euro stabilized on Tuesday, recovering slightly after political turmoil in France heightened market volatility.…
Norway Wealth Fund to Probe Shoe Producers and Crypto Firms for Ethical Breaches in 2025
Norway’s $1.8 trillion sovereign wealth fund, the world’s largest, will investigate ethical concerns surrounding shoe…
Singapore Central Bank Fines JPMorgan Over Misconduct by Relationship Managers
Singapore’s Monetary Authority (MAS) has fined JPMorgan Chase S$2.4 million (USD 1.79 million) for failing…
Bitcoin Faces Volatility as Traders Hedge Against Decline
Bitcoin’s recent failure to surpass the $100,000 milestone has prompted a wave of caution among…
Euro’s bruising leaves global investors on edge
The euro has dropped by over 3% against the U.S. dollar in November, heading toward…
African countries pay 500% higher costs on global market debt – AfDB
African countries are enduring a 500% rise in debt servicing costs when borrowing from international…
Bitcoin options trade shows more bets on retreat after failing to breach $100,000
Bitcoin recently reached a record high of $99,830 but fell 8% to $91,377, with investors…
Dollar Climbs as Trump’s Tariff Threats Hammer European Stocks
The U.S. dollar surged on Tuesday, while European stocks suffered sharp declines. President-elect Donald Trump…
TD Bank prepares to hire compliance monitors as US CEO reassures staff
Toronto-Dominion (TD) Bank is taking significant steps to address its compliance shortcomings after becoming the…
Dollar dips with Treasury yields after Bessent pick
The U.S. dollar fell from a recent high after President-elect Donald Trump nominated Scott Bessent,…
Dollar recovers after three-day slide as investors await cues on Trump policies
The U.S. dollar gained back some ground after a three-day slide, reaching a one-week high.…
London Stocks Edge Up as Inflation Data Dents Rate Cut Hopes Sage Shares Surge
London’s stock markets showed modest movements on Wednesday, with the FTSE 100 edging up by…
NGX banking index records 17.4% year-to-date growth
The Nigerian Exchange Limited (NGX) banking index has shown a strong growth of 17.38% year-to-date,…
Foreign inflow on NGX drops to N11bn
Foreign inflows into the Nigerian Exchange Limited (NGX) experienced a notable decline in September 2024,…
Legal attacks are slowing SEC rulemaking in a crucial election year
The U.S. Securities and Exchange Commission (SEC) has experienced a significant slowdown in rulemaking since…