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Stocks mixed as traders balance recession risk, China reopening

Stock markets traded mixed Tuesday as investors weighed the chances of a global recession this year. With China's economy reopening from strict lockdowns, coupled with...

Dollar struggles, shares buoyant as business activity data set the mood

The euro held at a nine-month top against the dollar and global equities bobbed at multi-month highs on Tuesday after reasonable European business activity...

Stocks bouyed by cheery data after BOJ damp squib

World stocks rose and Japan's yen tumbled on Wednesday, after the Bank of Japan poured cold water on monetary tightening expectations and economic and...

Stocks, bonds extend precarious rally on hopes rate hikes ease

Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the new year with tentative optimism after a brutal 2022, looking to...

World stocks eye glum 2022 while dollar triumphs

World stocks were steady on the last trading day of the year as markets digested U.S. data and the dismantling of China's zero-COVID policy,...

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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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