Hong Kong Markets Drop Over 2% Amid U.S. Economic Uncertainty, Asia’s Stock Performance Mixed
Hong Kong’s stock market took a significant hit on Friday, with the Hang Seng Index plunging 2.19% to end the…
Category: International
Perplexity AI in Talks to Raise Funds at $18 Billion Valuation
Perplexity AI, an artificial intelligence startup focused on search tools, is in discussions to raise funding at an $18 billion…
Instagram Outage in the U.S. Nearly Resolved, Reports Show Significant Drop
Meta’s Instagram service experienced a widespread outage across the U.S. on Thursday evening, with users facing difficulties accessing the platform.…
Beijing Supports Manus AI Startup as China Eyes New Tech Giant
Chinese AI startup Manus has gained significant attention following its recent registration of a China-facing AI assistant and its appearance…
Japan’s Core Inflation Hits 3%, Boosting Expectations of BOJ Rate Hike
Japan’s core inflation rate reached 3.0% in February, maintaining pressure on the Bank of Japan (BOJ) to consider further interest…
Bank of Ghana Faces Tough Decisions Amid Economic Challenges
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will hold its 123rd meeting starting March 24, 2025,…
Nigeria and India Strengthen Economic Ties: Focus on Trade, Investment, and Key Sectors
Nigeria and India have reaffirmed their commitment to deepening bilateral relations, focusing on trade, investment, and cooperation in sectors like…
EU Commission Accuses Google of Violating Digital Markets Act Over Search and Play Store Practices
The European Commission has issued preliminary findings accusing Alphabet Inc. of breaching the Digital Markets Act (DMA) in its Google…
European Markets Mixed as Central Bank Decisions Loom; Hapag-Lloyd Faces Geopolitical Strains
European stock markets showed mixed performance on Thursday, with investors focusing on key central bank decisions, including those from the…
Digital Asset Management: Transforming Registrars’ Role in the Future of Investor Services
Investor services are undergoing a major transformation, driven by rising shareholder expectations and regulatory pressures. Traditional methods of record-keeping and…
Deloitte: Ghana’s 4% GDP Growth Target for 2025 Feasible but Faces Key Risks
Deloitte has affirmed that Ghana’s 4% GDP growth target for 2025 is achievable, especially following the 5.7% growth recorded in…
Rwanda’s Economy Expands 8.9% in 2024, Driven by Strong Agricultural and Industrial Sectors
Rwanda’s economy experienced significant growth in 2024, expanding by 8.9%, surpassing the previous year’s 8.2% increase. This robust performance was…
Ghana’s Top 10 SOEs Report GHC11bn Loss in 2023
In 2023, Ghana’s 10 largest State-Owned Enterprises (SOEs) by asset base reported a combined net loss of GHC11 billion, according…
Ghana’s Telecom Sector Struggles with Poor Reception and Slow Internet
A recent report by CUTS International, a consumer advocacy group, has raised alarm over ongoing challenges in Ghana’s telecommunications sector.…
Microsoft to Launch Three Data Centres in Malaysia by Mid-2025
Microsoft has announced plans to launch its first cloud region in Malaysia, with three data centres set to go live…
Fed’s Dot Plot Eases Investor Concerns, U.S. Markets Surge as Interest Rate Cuts Loom
The U.S. Federal Reserve’s decision to keep interest rates steady and maintain a forecast of two rate cuts in 2025…
GIADEC Seeks Global Partnerships to Boost Ghana’s Integrated Aluminium Industry
The Ghana Integrated Aluminium Development Corporation (GIADEC) is actively seeking partnerships with global investors to support its vision of developing…
Stock Futures Climb Ahead of Fed’s Rate Decision Amid Market Volatility
Stock futures saw a slight increase on Wednesday as investors awaited the Federal Reserve’s interest rate decision, set for release…
Ghana Must Strengthen Domestic Bond Market to Reduce External Borrowing – Terkper
In a recent address at the PricewaterhouseCoopers (PwC) 2025 Budget Digest Forum, Presidential Advisor on the Economy, Seth Terkper, emphasized…
Big Tech’s Data Center Surge Sparks New Risks for U.S. Power Grid
The rapid expansion of data centers in the U.S., particularly in regions like Data Center Alley near Washington D.C., is…
Bitcoin Surges Above $82K Amid FOMC Meeting Speculation
Bitcoin (BTC) has been holding steady above $82,000, with market participants eagerly awaiting the outcome of the Federal Open Market…
European Markets Rise as Germany Passes Debt Reform, Trump and Putin Discuss Ceasefire
European stock markets saw a positive close on Tuesday, with investor attention focused on Germany’s approval of a historic debt…
Google’s $32 Billion Wiz Acquisition Deal Sped Up After Trump’s Inauguration
Google’s deal to acquire Israeli cybersecurity firm Wiz, valued at $32 billion, gained significant momentum after Donald Trump’s inauguration in…
BOJ Holds Interest Rates Amid U.S. Tariff Uncertainty and Inflation Concerns
The Bank of Japan (BOJ) decided to keep its short-term policy rate unchanged at 0.5% during its latest meeting on…
UK-listed Savannah Energy Acquires Nigerian Oil Assets for $35 Million to Boost Production
Savannah Energy, a UK-listed independent energy company, has successfully completed its acquisition of Sinopec International Petroleum Exploration and Production Company…
AGI President Applauds Ghana’s 2025 Budget as Promising and Business-Friendly
The President of the Association of Ghana Industries (AGI) for Greater Accra, Tsonam Akpeloo, has expressed strong support for Ghana’s…
Ghana Removes E-Levy and Betting Tax to Boost Financial Inclusion – Deputy Finance Minister
In a significant policy shift, the Ghanaian government has abolished the Electronic Levy (E-Levy), betting tax, and other taxes as…
Euro and Stocks Rise Ahead of German Spending Vote Amid Global Uncertainty
European markets remained stable on Tuesday as investors awaited a key vote in the German parliament on a significant overhaul…
U.S. Treasury Yields Drop as Investors Await Key Economic Data
U.S. Treasury yields saw a slight decline on Tuesday as investors prepared for crucial housing data and the Federal Reserve’s…
Dr. Amin Adam Criticizes Ghana’s 24-Hour Economy Policy as Deceptive Without Adequate Funding
Former Finance Minister Dr. Mohammed Amin Adam has raised concerns about the Mahama government’s proposed 24-hour economy policy, suggesting that…