All eyes on Africa as soaring gold prices boost mining power and state control, with prices projected to hit $6,300 per ounce.
Gold surged this week, supported by optimism that the United States and Iran could be nearing a peace agreement to end their […]
Global debt hits record of near US$353-trillion, with signs of investors moving away from the U.S..
Investors are showing signs of diversifying away from U.S. Treasuries as global debt levels hit a record of nearly US$353 trillion by […]
Africa’s newest oil refinery begins operations in Angola to boost fuel supply and cut imports.
Angola’s Cabinda refinery, the first built since the country gained independence nearly five decades ago and one of the first major refining […]
Private credit’s $2 trillion boom raises global stability fears, watchdog warns.
A global finance watchdog is demanding national regulators better scrutinize private credit, warning that banks, asset managers, insurance and private equity firms […]
India’s Offshore Tech Hubs Hit $98.4 Billion Revenue in FY26, Nearing 2030 Forecast, Report Says.
India’s offshore technology centers are expected to have generated $98.4 billion in revenue for fiscal 2026, nearing levels earlier projected for 2030, […]
Iraq Offers Huge Discounts for Crude Shipments via Hormuz.
OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official selling prices for its crude […]
Saudi ADES expands Africa’s footprint with $92.7m Seplat offshore contract.
The agreement covers the operation of the Shelf Drilling Victory rig for an initial period of two years, with options for extension. […]
OCBC to buy HSBC Indonesia’s wealth, premier banking business in first major deal under new CEO.
OCBC Bank has struck a deal to acquire parts of HSBC’s wealth and premier banking portfolio in Indonesia, adding over 300,000 customers to […]
Indonesia, China launch cross-border QRIS payment to boost regional financial cooperation.
Indonesia and China have launched cross-border QR interoperability, marking a significant milestone in deepening financial cooperation and accelerating digital payment integration between […]
UAE says OPEC exit unlocks faster growth, $55B oil push.
The United Arab Emirates said its decision to leave OPEC will give it more freedom to ramp up investment and expand its […]
EU and US trade chiefs to meet as tariff tensions escalate.
European Commissioner for Trade Maroš Šefčovič is scheduled to meet his US counterpart Jamieson Greer on Tuesday amid rising tensions between the […]
UAE, Qatar seek new Gulf-Asia trade corridor in landmark agreement with South Korea.
The United Arab Emirates signed a new trade agreement with South Korea the day after it left OPEC, cutting tariffs on most […]