Asian stocks hit 9-month lows on worries over China, US rates
Asian shares sank to nine-month lows on Thursday, while the dollar was at a two-month peak as fears over China's sluggish economic recovery and...
Global stocks stuck near 5-week lows, China cuts rates
Global stocks were stuck near five-week lows on Tuesday as rising government bond yields unnerved investors, while rate cuts from China and disappointing data...
Gloomy data makes investors more cautious on global economy
Global stocks were mostly down and oil slipped on Tuesday as declining factory activity in the euro zone and China tempered investors' optimism over...
Investment flows to Africa dropped to $45 billion in 2022
UNCTAD’s World Investment Report 2023 published on 5 July shows that foreign direct investment (FDI) flows to Africa declined to $45 billion in 2022...
Investors react to tentative US debt ceiling deal
U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to suspend the federal government's $31.4 trillion debt ceiling, ending a...
