South Korean stocks plunged for a second straight session on Wednesday as Asia’s once-blazing AI rally morphed into a brutal market reckoning, wiping as much as $2.18 trillion from...
UBS booked a 17% jump in second-quarter profit on Wednesday, ahead of expectations, and said it plans to buy back shares worth $3 billion by the middle of next...
Oil prices rose more than US$3 a barrel on Wednesday after joint strikes in Iraq by the US and Saudi Arabia, and the interception of Iran’s ballistic missiles aimed...
The funding, approved by Parliament, transfers responsibility for financing the government’s domestic gold purchase programme from the Bank of Ghana to the state, with the newly established Ghana Gold...
This expansion comes at a time when global economic momentum faces significant crosscurrents from geopolitical conflicts and shifting market conditions. In comparison to the expected performance of sub-Saharan Africa,...
The United States is providing its first federal backing for a green energy project in Western Sahara, supporting a proposed $4.5 billion green ammonia facility in the disputed Moroccan-controlled...
This final installment brings total payouts under the program to $3 billion, officially ending the financial bailout package launched in May 2023. Ghana, one of Africa’s top gold producers,...
Gold prices edged lower on Tuesday, pressured by a stronger dollar, while markets looked to the Federal Reserve’s upcoming policy decision for clues on the interest rate outlook. Spot...
Meta Platforms Inc and BlackRock Inc plan to build a 1GW data centre complex in Texas that will cost about US$14 billion (RM57.29 billion) to develop, adding to a...
Eni and TotalEnergies have taken the final investment decision to develop the Cronos gas field in deep waters offshore Cyprus, in the Mediterranean country’s first hydrocarbon development expected to...