Thai Finance Minister Advocates Interest Rate Cut to Stimulate Economic Growth
Thailand’s finance minister, Pichai Chunhavajira, has indicated that the country’s low inflation provides an opportunity to reduce interest rates, aiming…
Category: International
AfDB Report: Africa’s Economic Growth Shows Improvement Despite Global Challenges
The African Development Bank (AfDB) has revealed signs of economic recovery for Africa in its 2025 Macroeconomic Performance and Outlook…
Olam Group Sells 44.6% Stake in Agribusiness to Saudi Fund for $2.35 Billion
Olam Group, based in Singapore, announced on February 24, 2025, that it will sell a 44.58% stake in its agricultural…
US Demands EU Clarification on Antitrust Rules for Big Tech
U.S. House Judiciary Chair Jim Jordan has demanded clarification from EU antitrust chief Teresa Ribera on how the European Union…
European Markets Surge as Germany’s Election Results Boost Investor Confidence
European stock futures and the euro climbed on Monday after Germany’s election results yielded a mainstream outcome. DAX futures jumped…
US companies swap dollar bonds into euros to lower funding costs
U.S. companies with international operations are increasingly using cross-currency swaps to convert their dollar debt into euros, helping reduce their…
Trump Labels Zelensky a “Dictator” as Tensions Rise Between US and Ukraine
Donald Trump has escalated his feud with Ukrainian President Volodymyr Zelensky, calling him a “dictator” and accusing him of playing…
European Stocks Mixed as Schneider Electric’s Strong Profit Boosts Market Sentiment
European stock markets were mixed on Thursday morning, following a flurry of earnings releases across the continent. The Stoxx 600…
The Urgent Need for Homegrown Venture Capital in Ghana’s Startup Ecosystem
For years, Ghana’s startup ecosystem, like many African nations, has thrived with the help of foreign donors such as USAID,…
Rural Banks in Ghana Embrace GhanaPay to Stay Competitive
Rural banks in Ghana are increasingly adopting the GhanaPay platform developed by the Ghana Interbank Payment and Settlement Systems (GhIPSS)…
Fed Concerns Over Trump’s Policies Contributing to Inflation Risks, Minutes Show
At a meeting held a week after President Donald Trump’s inauguration, Federal Reserve officials expressed concerns that his proposed policies,…
China Maintains Benchmark Lending Rates Amid Economic Uncertainties
China’s central bank, the People’s Bank of China (PBOC), decided to leave its benchmark lending rates unchanged in February, reflecting…
Govt Contributes GHS9.7 Billion to Sinking Fund for Debt Management-GHANA
The Ghanaian government, under the leadership of the Mahama administration, has made a significant contribution to the Debt Service Recovery…
Ghana Fuel Prices Drop for the First Time in 2025
Fuel prices in Ghana have seen a decline for the first time in 2025, following a series of price increases…
West Africa Faces Volatile Food Prices Amid Insecurity and Economic Challenges-GHANA
A recent report by the Food Security Monitor reveals persistent volatility in food prices across West Africa, largely influenced by…
South Korea Joins Italy in Banning DeepSeek Downloads Amid Data Privacy Concerns
In a move that echoes Italy’s recent actions, South Korea has halted new downloads of the DeepSeek AI app due…
The Rise of Autonomous AI Agents: Revolutionizing Industries and Reshaping Economies
Autonomous AI agents are no longer a distant concept from science fiction they are here and rapidly transforming industries in…
European Markets Rise Amid Geopolitical Tensions and Economic Data
European markets are expected to open broadly higher on Tuesday, February 18, 2025, despite the ongoing geopolitical tensions surrounding the…
Russia Fines Google $41,500 for Hosting YouTube Video on Surrendering Soldiers
A Russian court has imposed a fine of 3.8 million roubles (approximately $41,530) on Alphabet Inc.’s Google for hosting a…
China Invites Tech Leaders Including Jack Ma for Meeting with President Xi
As the global trade landscape shifts under the new Trump administration, China is working to reconnect with its key tech…
South Korea Plans to Acquire 10,000 GPUs for AI Development
South Korea is ramping up its efforts to stay competitive in the global AI race by announcing plans to secure…
Tinubu Earns Praise at AU Summit for Advancing AfCFTA’s Digital Trade Protocol
President Bola Tinubu received widespread recognition for Nigeria’s significant efforts in advancing the African Continental Free Trade Area (AfCFTA) Digital…
UK Economy Shows Unexpected Growth in Q4 2024, But Outlook for 2025 Remains Sluggish
The UK economy surprised many by growing 0.1% in the final quarter of 2024, defying expectations of a 0.1% contraction.…
Modi Brings Tariff Concessions and Strategic Offers to Trump Amid Trade Tensions
Indian Prime Minister Narendra Modi is preparing for an important meeting with U.S. President Donald Trump, where he hopes to…
European Stocks Hit Record Highs; Siemens Soars While FTSE 100 Falls
European stock markets continued their upward trajectory on Thursday, buoyed by strong corporate earnings and economic data. The Stoxx 600…
Nigeria Becomes Afreximbank’s Largest Beneficiary with $52 Billion Disbursement
Nigeria has emerged as the largest beneficiary of the African Export-Import Bank (Afreximbank) with a cumulative disbursement of approximately $52…
GHS 1.3bn Embezzlement Scandal at NPA Triggers Calls for Petroleum Tax Cuts in Ghana
The recent GHS 1.3 billion embezzlement scandal at the National Petroleum Authority (NPA) has intensified calls for a reduction in…
World Bank Calls for Urgent Fiscal Reforms to Address Ghana’s Debt Crisis
The World Bank has identified a lack of budget discipline as a major factor behind Ghana’s worsening fiscal challenges. In…
Strengthening Nigeria’s Role in BRICS for Economic Growth and Investment
Nigeria’s partnership with BRICS (Brazil, Russia, India, China, and South Africa) is seen as a game-changing opportunity to transform its…
China’s Chipmaking Equipment Purchases Set to Decline Amid Sanctions and Overcapacity Concerns
China’s chipmaking equipment purchases, which had seen consistent growth for the past three years, are expected to decline in 2025,…