Global economy embraces central bank digital currencies
A total of 134 countries, representing 98 per cent of the global economy, are now exploring digital versions of…
Oil prices climb on Tuesday amid Hurricane concerns
Oil prices continued their upward trajectory on Tuesday due to concerns about US production disruptions caused by…
Gold prices fall slightly await Fed rate cut decision
Gold prices experienced a slight decline in early trading on Tuesday amid growing conviction that the Federal…
Asian stocks rise amid anticipation of Fed rate cut
Asian stocks rose on Tuesday, putting pressure on the dollar and US Treasury yields.
Kenya launches national debt audit
Kenya has initiated a comprehensive audit of its national debt, Finance Minister John Mbadi announced on Monday.…
Saudi Arabia’s PIF to inject $5b investment in Egypt
Saudi Arabia's Crown Prince Mohammed bin Salman said on Monday the kingdom's sovereign wealth fund, the Public…
Fitch upgrades Tunisia’s credit rating to CCC+
Fitch Ratings upgraded on Monday Tunisia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from…
Nigeria’s inflation continues to ease in August
Nigeria's headline inflation rate eased slightly in August 2024, decelerating from 33.40 per cent in July to 32.15…
ADB offers support to Bangladesh’s interim govt.
The Asian Development Bank (ADB) has expressed its commitment to assisting the Bangladeshi interim government in…
Sterling gains on Monday as UK inflation data looms
The pound sterling strengthened against the dollar on Monday, rising 0.5 per cent to $1.3190, following a slight…
