Exclusive-HSBC explores private credit push.
HSBC is preparing a foray into the white-hot market for private credit, five sources with knowledge of the plans said, the latest move […]
US regional banks face results test as tariffs trigger uncertainty, growth worries
Heightened uncertainty fueled by the on-and-off U.S. tariffs will likely take center stage as the nation’s regional banks gear up to report […]
Stock market posts third biggest gain in post-WWII history on Trump’s tariff about-face
Wednesday’s jaw-dropping stock-market rally on President Donald Trump’s surprising tariff reversal is one for the history books. The S&P 500 skyrocketed 9.52% in a kneejerk reaction […]
Stock Rally Eases With Trade-Deal Hopes in Focus: Markets Wrap.
Stocks headed toward the biggest gain since November and bonds fell after Treasury Secretary Scott Bessent fueled hopes of trade deals, marking […]
Global market rout darkens outlook for European luxury labels.
Growing fears that Donald Trump’s tariff blitz will plunge the world into recession are dashing hopes in the $400-billion-a-year luxury industry that […]
The Cities With The Most Billionaires 2025
The world’s 3,028 billionaires are spread across more than 800 cities around the globe, from Feldmeilen, Switzerland to Ezulwini, a small town […]
CBN’s $10.50m funding not loan but grant – World Bank.
The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan. According […]
Nigeria, Japan partner on Naira-denominated venture capital fund to boost startups.
Nigeria and Japan have unveiled a venture capital initiative aimed at fostering high-growth startups through Naira-denominated investments. The initiative, which shields startups […]
Russia ready to help Africa develop technologies for growth – trade envoy.
Russia stands ready to support African nations in developing technologies for self-sufficiency, ensuring technological sovereignty and managing continental data systems. “Africa is […]
Russia seeks closer ties with West African juntas.
The foreign ministers of Mali, Burkina Faso and Niger plan to visit Moscow this week as the Sahel nations and Russia seek […]
China’s 4 state-owned banks to bring in Finance Ministry as strategic investor, a move to reinforce capital adequacy.
Four Chinese state-owned banks announced plans on Sunday to introduce the Ministry of Finance (MOF) as a strategic investor through targeted share […]
Ubisoft jumps 10% after Tencent invests in new subsidiary.
Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in […]