Swiss Inflation Slowdown Sparks Fresh Negative Rate Speculation
Switzerland’s inflation unexpectedly slowed to near zero, adding pressure on the central bank to push back against the…
Abu Dhabi’s Adnoc Uses AI to Reduce Unplanned Shutdowns by Half
Abu Dhabi National Oil Co. has started to deploy artificial intelligence to vastly reduce sudden maintenance halts and…
New World Plans $1.9 Billion Debt Swap With Creditor Haircuts
New World Development Co. plans to issue up to $1.9 billion of new debt in an exchange offer…
U.S. stocks’ gains in October owe much to AI
Jensen Huang, CEO of Nvidia, reacts during the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South…
China’s Massive Simandou Iron Mine in Africa Threatens to Upend Iron Ore Market
In April 1998, a young geologist and his team set out from the village of Moribadou and trekked…
Korea’s Kospi Extends Rally as AI Momentum Rises on Nvidia (NVDA) Ties
South Korea’s equity benchmark is building on its strongest monthly rally in over two decades, underscoring the market’s…
China’s factory activity slows down in October, missing expectations, private surve shows
Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024. Nurphoto | Nurphoto |…
AI trade frenzy seems driven by a ‘virtuous’ cycle
Jensen Huang, CEO of Nvidia, attends a press conference after the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit…
OPEC+ to Agree Small Output Hike for December, Delegates Say
OPEC+ members are set to approve another small output hike for December when they meet online on Sunday,…
Troubled Nations Mount Comeback to Debt Markets Amid Yield Hunt
Some of the world’s riskiest sovereign borrowers are returning to international debt markets, taking advantage of increasing appetite…
Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless…
Nigeria’s Dangote refinery ramps up output on back of new fuel import duty
LAGOS (Reuters) -Nigeria’s Dangote Petroleum Refinery, Africa’s largest oil refinery, is ramping up output to meet national petrol…