BlackRock hits $11.5trn of assets as private markets grow
As investors channeled $97bn into exchange-traded funds and $63bn into fixed-income products during the company's third quarter.
View ArticleJapan suspends Nomura from bond auctions after manipulation
Nomura will be barred from receiving 'special entitlements' as a Japanese government bond dealer from 15 October to 14 November.
View ArticleFrance 2024 wine production seen dropping 22% on bad weather
With it’s output already 15% below the five-year average.
View ArticleZimbabwe reports first two cases of mpox with capital city also affected
The ministry noted that both cases are in isolation and stable.
View ArticleS&P sees more sovereign foreign debt defaults over next decade
Fuelled by sharply rising debt levels and the escalating costs of borrowing on foreign currency obligations.
View ArticleBitcoin jumps as traders weigh China fiscal stimulus, Trump odds
With the largest digital asset rising to 2.8% on Monday.
View ArticleWorld Bank cuts Africa GDP forecast as Sudan war stunts region
The bank now projects that sub-Saharan Africa will grow at 3% this year, down from its earlier April forecast of 3.4%.
View ArticleNvidia rides fierce Blackwell demand toward stock record again
Leading it to be ranked as the second-best performer in the S&P 500 index.
View ArticleTether talking to commodity traders about lending them its billions
This is a bold move as the industry is traditionally dependent on traditional banks to access to credit.
View ArticleGlobal public debt to hit $100trn by end of 2024, IMF Says
The IMF also noted that it expects debt to reach 100% of GDP by 2030.
View ArticleSaudi Arabia offers credit deal to SA to boost trade
Standard Bank will be facilitating the trade.
View ArticleBoeing to raise as much as $25bn in bid to boost liquidity
According to a regulatory firm the company submitted a shelf registration, laying the groundwork for a potential equity offering.
View ArticleNigeria’s Naira most competitive in decades, says top World Bank economist
Chief economist Indermit Gill said this is a great opportunity for the private sector.
View ArticleZimbabwe reassigns foreign and higher education ministers
Frederick Shava, formerly the foreign affairs minister, was named higher education minister, Martin Rushwaya, the chief secretary to the president and cabinet, said in an emailed statement on Tuesday.
View ArticleWorld’s top two iron ore miners raise output even as China slows
Rio’s shares were trading 1.8% lower in Sydney at 1:44 p.m. local time.
View ArticleGold industry sees bullion surging 10% in a year to record high
Spot gold was little changed at $2 663.13 an ounce at 9:14 a.m. in Shanghai on Wednesday.
View ArticleHurricane Milton estimated to cost insurers close to $36bn
Milton made landfall in Florida’s Tampa Bay area last week as a Category 3 hurricane, less than two weeks after Hurricane Helene hit US shores and wreaked devastation far inland.
View ArticleLebanon poised for watchdog’s ‘grey list’ over dirty money
The grey-list designation would add to hurdles for a nation that first defaulted on debt payments in 2020, is grappling with high inflation and has been functioning without a president at the helm.
View ArticleUS urges five years for mastermind of $6bn crypto heist
Prosecutors said Lichtenstein fits the profile of young cyber criminals, whose online activity is 'normalised in a way that trivialises the impact on the victims.'
View ArticleShein adds more banks to arrange London listing
Potentially one of the biggest listings in London in recent years.
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