Zambia’s central bank has raised its benchmark lending rate by 150 basis points to 12.5 per cent, …
U.S. dollar
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FeatureInternational NewsMoneyNews
UK inflation holds steady at 4.0% in Jan.
by Nada Aliby Nada AliBritish inflation remained at 4.0 per cent in January, defying expectations of an increase, lower than economists’ …
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S. Africa’s rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1 …
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The South African rand remained stable in early trading on Tuesday at 18.90 against the U.S. dollar, …
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BanksInternational NewsNewsStocksWorld
Chinese stocks hold gains, Japan’s Nikkei up
by Nada Aliby Nada AliChinese stocks managed to maintain their weekly gains on Thursday as Beijing implemented a series of measures …
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BanksFeatureInternational NewsNews
China’s foreign reserves fall to $3.219 tln in Jan.
by Nada Aliby Nada AliChina’s foreign exchange reserves decreased by $18.66 billion to $3.219 trillion in January, slightly less than the …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Jeweller Pandora eyes organic revenue growth of 6-9% in ’24
by Nada Aliby Nada AliPandora, the world’s largest jewellery maker, is targeting organic revenue growth of 6-9 per cent in 2024, …
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Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted …
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FeatureInternational NewsNews
China’s public offering fund value reaches $3.88 tln
by Nada Aliby Nada AliChina’s public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said …