Japan’s Govt Pension Investment Fund posts US$61b quarterly loss as weak dollar hits assets.
Japan’s Government Pension Investment Fund (GPIF) suffered a quarterly loss as a depreciating dollar dragged down the value of its overseas securities […]
Exclusive-BRICS to launch guarantee fund to boost investment in member nations, sources say.
The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to […]
Saudi Arabia eyes untapped opportunities in Mauritania, Morocco.
Saudi Arabia is strengthening its trade and investment ties with Africa as more than 30 top investors and officials visit Mauritania and […]
Weaker U.S. dollar to unlock opportunities in emerging markets and global equities, says Standard Chartered
In its Global Market Outlook for the second half of 2025, Standard Chartered projected a constructive but volatile environment for investors worldwide. […]
China could be the world’s top semiconductor foundry hub by 2030 — despite US curbs, nation to hold 30% of global installed capacity, surpassing Taiwan.
Market research and tech consulting firm Yole Group predicts that China will have 30% of the world’s global foundry production capacity, making […]
Chinese Industrial Group To Buy Bankrupt Russian Oil Producer.
China’s Xinjiang Sanbao Industrial Group is to purchase the bankrupt Tomskgeoneftegaz LLC, a small oil production company in the Tomsk region, for […]
A $7.2 Billion Emerging Market Fund Amps Up Local Debt Bet.
A manager of the world’s largest mutual fund dedicated to emerging-market bonds is scooping up local currency debt, betting the dollar’s persistent […]
“We can turn Africa into a ‘heaven’ in the next five years” — Dangote.
Africa’s richest man, Aliko Dangote, has urged Africans to adopt bold thinking and a long-term mindset, asserting that the continent could be […]
DR Congo, Rwanda sign peace deal in ‘turning point’ after years of conflict.
The Democratic Republic of the Congo (DRC) and Rwanda have signed a peace deal in the United States to end years of […]
Jordan’s economic growth outpaces forecasts as IMF releases new funds.
The Executive Board of the International Monetary Fund (IMF) has completed the third review of Jordan’s four-year Extended Fund Facility (EFF) arrangement, […]
TotalEnergies buys 25% stake in offshore Suriname from Moeve.
TotalEnergies has acquired a 25% stake in Block 53 offshore Suriname from Spanish company Moeve, it said on Friday without giving financial […]
Somalia’s New Stock Exchange Boosts Economy.
Somalia has launched its first-ever national stock exchange, signalling a bold step away from decades of instability and toward market-led growth and […]