Oil prices surge due to concerns on shipping
Oil prices rose on Tuesday, building on gains from the previous day due to attacks on shipping in the Red Sea that…
CBN’s governor challenged by rate decision
Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his…
Alibaba’s Daraz group announces layoffs
Daraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish…
Vietnam likely to reform trade unions, risking investors
Communist Vietnam will likely ratify the UN treaty for free trade unions this year, say UN officials and diplomats.…
US dollar drops ahead of key data
The US dollar performance faced downward pressure on Tuesday as investors awaited US economic data to gauge the…
Qatar’s low-cost LNG expansion pressures rivals
Qatar, a global leader in LNG exports, has an 85 per cent expansion plan for its LNG output from its North Field,…
Investors pivot to Japan amid geopolitical tensions
Investors are shifting from China to Japan amid economic and geopolitical concerns, leading to a surge in the…
Russia in talks with China on yuan loan
Russia's Finance Ministry has been in discussions with Chinese counterparts about the possibility of obtaining…
Egypt’s strategic wheat reserves sufficient for 3.5 months – minister
Egypt’s strategic wheat reserves are sufficient for 3.5 months, Reuters reported citing Supply Minister Ali Moselhy…
Micron rises production for Nvidia’s AI semiconductors
Micron Technology has commenced mass production of its high-bandwidth memory semiconductors for use in Nvidia's…
