Kredete acquires Gravv to build agentic stablecoin infrastructure for real-time global money movement
Kredete, the financial technology platform serving emerging-market and diaspora communities, today announced its acquisition of Gravv, an agentic stablecoin infrastructure platform that […]
Dangote Refinery’s private placement drew $3.7 billion. Here’s why Dangote took only $2.5 billion
Speaking at the Qatar Economic Forum, powered by Bloomberg, Dangote said the company had initially planned to raise $1 billion through the […]
World’s largest cocoa producer seeks to overtake African gold giants as China, Russia, U.S., Canada and Australia lead global gold production
Between 2015 and 2024, Côte d’Ivoire expanded its operational gold sites from four to thirteen, driving national output up by over 150% […]
Trump-Xi talks could mean US$6 bil of US natural gas for China
China’s leader Xi Jinping will arrive in Washington this week with at least one easy option to score points with the Trump […]
Federal Reserve Rate Hike Reflects New World of Sticky Inflation and Faster Growth
President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed […]
China, Other Nations Shy Away From US Investments
China has brought its US Treasury stash to a level not seen since the financial-crisis era. New data show Beijing’s holdings of […]
BYD, CATL, Xiaomi Executives May Join Xi’s US Visit
Washington and Beijing are finalising a group of Chinese business leaders to join President Xi Jinping’s upcoming visit to Washington, three sources […]
Bank of America’s unrealized bond losses could top $90 billion on surging yields
The paper losses on a large Bank of America bond portfolio could have widened by more than $10 billion to over $90 […]
Venezuela nears deal to move $4bn gold reserve to New York
The Venezuelan government and the opposition are close to an agreement to transfer the central bank’s gold reserves, worth about $4-billion, to […]
South Korea-US investment arm said to mull debut bond for US$350 bil pled
A newly created entity at the heart of South Korea’s US$350 billion (RM1.43 trillion) US investment pledge is considering heading to the […]
Zambia considers cutting gold tax as $1.8 billion trade gap exposes informal market
The proposal comes amid striking discrepancies in international trade records, including data showing the United Arab Emirates reporting almost $1.8 billion in […]
Petrobras takes control of eight Côte d’Ivoire oil blocks in major African expansion
Petrobras signed production-sharing contracts with the Ivorian government and state-owned Petroci Holding on Thursday for blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, […]