Tag: Silicon Valley Bank

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Gold bounces to 1-yr high as banking sector concerns return to fore

Gold prices jumped 1% to their highest since March last year on Monday, erasing earlier losses, as worries about the global banking sector returned...

Global financial stocks lose $465 billion on Silicon Valley Bank impact worry

Global financial stocks have lost $465 billion in market value in two days as investors cut exposure to lenders from New York to Japan...

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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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