Tag: Asia

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Asian shares touch six-month high, focus firmly on U.S. CPI data

Asian shares rose to a six-month high on Wednesday while the dollar steadied, as investors waited for U.S. inflation data for cues on the Federal...

Asia stocks scale 4-month high on reopening of Chinese economy

Asian shares rose on Thursday on hopes for China's emergence from the pandemic, while the dollar found support after analysts spotted a warning against...

Asia’s hedge fund seeders go for ‘uncorrelated’ strategies

With traditional equity and bond portfolios underwhelming investors this year and China's market returns letting them down, Asia's most active seed-fund providers are ploughing...

Stocks rally wobbles as Fed hike draws near

Asian stock markets wobbled higher on Monday as hopes waned that the U.S. Federal Reserve might take a less aggressive approach on rate hikes,...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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