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EU to Consider U.S. Order on Tech Curbs in China
Foreign

EU to Consider U.S. Order on Tech Curbs in China

Marketforces Africa - 0
EU executive says the European Commission is set to analyse the U.S. ban on new U.S. investment in China ...
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Saudi Arabia Extends Voluntary Cut of Oil Production to September
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Saudi Arabia Extends Voluntary Cut of Oil Production to September

Ogochukwu Ndubuisi - 0
Saudi Arabia has announced its decision to extend the voluntary cut of oil production by one million barrels per day to September.
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Fed Raises Rates 25bp, Maintains Tightening Bias
Foreign

Fed Raises Rates 25bp, Maintains Tightening Bias

Marketforces Africa - 0
Fed Raises Rates 25bp, Maintains Tightening Bias The United States (US) Fed unanimously hiked its policy interest rate range 25 basis points as widely expected with a statement retaining the phrasing that further policy firming “may be appropriate”. With two months’ worth of data to come before the next FOMC meeting,...
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Chinese Yuan Strengthens to 7. 1406 Against the Dollar
Foreign

Chinese Yuan Strengthens to 7. 1406 Against the Dollar

Marketforces Africa - 0
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 45 pips to 7.1406 against
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Russian Strikes on Ukraine Ports, Blow to Food Security – UN official
Foreign

Russian Strikes on Ukraine Ports, Blow to Food Security – UN official

Ogochukwu Ndubuisi - 0
UN political affairs chief, Ms Rosemary DiCarlo says Russia’s bombardment of Ukrainian ports along the Black Sea could have far-reaching impacts on global food security.
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Putin Threatens to Retaliate with Cluster Bombs if Ukraine Uses U.S. Munitions
Foreign

Putin Threatens to Retaliate with Cluster Bombs if Ukraine Uses U.S. Munitions

Anthony Persuader - 0
Russian President Vladimir Putin threatened to retaliate with cluster bombs if Ukraine uses U.S.-supplied munitions
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China’s Exports Slump by More than 12% in June
Foreign

China’s Exports Slump by More than 12% in June

Marketforces Africa - 0
Chinese foreign trade slumped more than 12 percent in June, the customs authority in Beijing announced on Thursday.
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Germany’s Foreign Minister Warns Companies Against China Dependencies
Foreign

Germany’s Foreign Minister Warns Companies Against China Dependencies

Marketforces Africa - 0
German Foreign Minister Annalena Baerbock warned German companies to avoid one-sided dependencies on Chinese buyers or suppliers and to reduce such dependencies where they exist.
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Putin Gives Reasons for Refusing African Leaders Peace Plan
Foreign

Putin Gives Reasons for Refusing African Leaders Peace Plan

Marketforces Africa - 0
Russian President Vladimir Putin has given African leaders seeking to mediate in the war in Ukraine a list of reasons
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UK Returns to Growth on Increase Consumer Spending
Foreign

UK Returns to Growth on Increase Consumer Spending

Marketforces Africa - 0
The UK economy returned to growth in April, helped by consumer spending on bars and pubs
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