African cocoa plants run out of beans as global chocolate crisis deepens
Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources...
Global corporate dividends hit record $1.66 trillion in 2023
Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks making up half of the growth, a...
Default risk fades in emerging markets as riskiest bonds soar
The risk of government defaults in emerging markets this year is subsiding, stoking a rally in bonds that were just recently teetering on collapse...
Nigerian naira falls to new record low on official market -FMDQ Exchange
Nigeria's naira currency fell to a new record low in intraday trading on Thursday, FMDQ Exchange data showed on Friday, dropping below rates quoted...
Emerging economies must grow ‘much faster’ to repay debt, says World Bank
The World Bank warned that high borrowing costs have "changed dramatically" the need for developing nations to boost sluggish economic growth.
The multilateral lender's latest...
