American oil giant joins South Africa’s first LNG import hub as coal-dependent economy races to secure future power supplies
ExxonMobil has entered into an initial agreement with the Zululand Energy Terminal (ZET), a proposed LNG import…
Indonesia’s central bank hikes rates again, totaling 1% in span of a month
Markets Bank Indonesia sees 5.75% interest rate as stabilizing the rupiah and preventing capital outflows Bank Indonesia raised its…
Singapore regains top spot in competitiveness ranking; Asian economies put up strong showing
OTHER ASIAN ECONOMIES This year’s rankings also saw strong performances by other Asian economies, with Hong Kong, Taiwan…
Wall Street Futures Rebound as Markets Weigh Fed Outlook and U.S.-Iran Peace Agreement: Dow Jones, S&P, Nasdaq
wall street buildings and sign NEW SIZE ©Shutterstock U.S. stock futures moved higher on Thursday as investors assessed…
South Africa saves 234-year-old Post Office from collapse after cutting 4,300 jobs
The South African Post Office (SAPO), one of the country’s oldest public institutions, has asked a court…
Interest rates kept on hold at 3.75% – BBC
Interest rates kept on hold at 3.75% BBCA Bank of England rate hike is still possible despite easing inflation…
Market Minute: Why so hawkish?
The tilt of the Federal Open Market Committee’s policy decision on Wednesday toward a greater probability of a…
China’s policy blitz at Lujiazui Forum – what it means for markets, outflows and the yuan
With Chinese financial regulators taking further steps to broaden outbound-investment channels and facilitate cross-border capital flows, analysts see…
Mainland China climbs 4 spots in global competitiveness ranking
Mainland China advanced in the global competitiveness ranking thanks to improvement in business and government efficiency while economic…
Queensland budget: Business confidence collapses as lobby group pushes for support
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Wall Street banks and foreign borrowers are rushing to tap China’s cheap money
SHENZHEN, CHINA – APRIL 12: A Chinese national flag is seen in the foreground with container ships, cranes,…
UK unemployment rate falls to 4.9% and wages grow more than expected | UK unemployment and employment statistics
Unemployment fell and wages increased in April, official figures showed, putting pressure on the Bank of England to…