Tag: China

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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...

Oil slips as China sours sentiment

Oil prices edged lower on Tuesday on sluggish Chinese economic figures coupled with fears that Beijing's unexpected cut in key policy rates was not...

Oil steadies as China worries counter supply cuts

Oil prices stabilised on Monday as concerns about China's faltering economic recovery and a stronger dollar took the momentum out of seven weeks of...

China July new bank loans tumble, credit growth weakens further

China's new bank loans tumbled in July from a month earlier and other key credit gauges also weakened , even after policymakers cut interest...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

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...

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