Kenya Abandons Eurobond Plan in Change of Funding Strategy
Kenya has dropped plans to tap international capital markets this fiscal year due to the high cost of
2023-11-28 16:49
PBOC Chief Warns of ‘Long and Difficult’ Economic Transformation
China’s central bank governor stressed tolerance for slowing growth in the short term as the world’s second-largest economy
2023-11-28 14:15
‘Paramilitary’ Tax Agents Deployed in Kenya Budget Revenue Drive
As the scores of young tax agents went door-to-door in Nairobi’s Eastleigh district, shopkeepers shifted nervously. President William
2023-11-28 13:29
China’s Central Bank Signals Slower Credit Growth, Lower Rates
China’s central bank foreshadowed a slowdown in credit extension while pledging it would press banks to lower their
2023-11-28 11:59
China’s Property Lifeline Exposes Banks to Big Losses, Job Cuts
China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of
2023-11-28 08:53
Jack Ma Gets Back Into Business With ‘Ma’s Kitchen Food’
Jack Ma sparked speculation about his next endeavors after the billionaire seeded a small company to process and
2023-11-27 12:49
Sunak Will Pledge UK Support for New Climate Damage Fund at COP28
UK Prime Minister Rishi Sunak is set to pledge his support for a new fund to help vulnerable
2023-11-25 18:54
Madagascar’s President Rajoelina Is Re-Elected for Another Term
Voters in Madagascar re-elected Andry Rajoelina as the Indian Ocean island nation’s president after he secured more than
2023-11-25 17:15
Saudi Arabia Raises $11 Billion Loan to Help Fund Deficit
Saudi Arabia has raised $11 billion through a syndicated loan, the biggest globally by a government this year,
2023-11-24 17:29
Congo’s New Rules Could Force Banks to Sell Stakes of Up to 45%
A directive from the Democratic Republic of Congo’s central bank has lenders in the country concerned they may
2023-11-24 15:52
China Seen Holding Key Policy Rate Until 2024, Economists Say
China will likely wait until early next year to cut policy rates to support the economy, though other
2023-11-23 16:45
Chinese Debt Deemed Asia's Biggest Risk Turns Into a Lucrative Bet
Be greedy when others are fearful. Those who heeded Warren Buffett’s famous investment mantra would have benefited handsomely
2023-11-23 14:57