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Breaking News
1 Crude Oil Oil prices edge lower as Russia eases fuel export ban 2 CRYPTO Hong Kong crypto firm hit by $200mln hack 3 Goldman Goldman, HSBC join forces with other banks on client disclosures 4 SoftBank Group Corp SoftBank Corp to raise $800 mln from bond-type shares in Japan first 5 US STOCKS Futures muted on lingering concerns over elevated rates
Oil prices edge lower as Russia eases fuel export ban Crude Oil
1 min read
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Oil prices edge lower as Russia eases fuel export ban

Timilehin Adejumobi September 25, 2023
Hong Kong crypto firm hit by $200mln hack
1 min read
  • Asia
  • Cryptocurrency
  • Latest News

Hong Kong crypto firm hit by $200mln hack

Timilehin Adejumobi September 25, 2023
Goldman, HSBC join forces with other banks on client disclosures
2 min read
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Goldman, HSBC join forces with other banks on client disclosures

Timilehin Adejumobi September 25, 2023
SoftBank Corp to raise $800 mln from bond-type shares in Japan first SoftBank Group Corp
1 min read
  • Latest News
  • World news

SoftBank Corp to raise $800 mln from bond-type shares in Japan first

Timilehin Adejumobi September 25, 2023
Futures muted on lingering concerns over elevated rates
2 min read
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Futures muted on lingering concerns over elevated rates

Timilehin Adejumobi September 25, 2023
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  • Oil prices edge lower as Russia eases fuel export ban Crude Oil

    Oil prices edge lower as Russia eases fuel export ban

    September 25, 2023
  • Hong Kong crypto firm hit by $200mln hack

    Hong Kong crypto firm hit by $200mln hack

    September 25, 2023
  • Goldman, HSBC join forces with other banks on client disclosures

    Goldman, HSBC join forces with other banks on client disclosures

    September 25, 2023
  • SoftBank Corp to raise $800 mln from bond-type shares in Japan first SoftBank Group Corp

    SoftBank Corp to raise $800 mln from bond-type shares in Japan first

    September 25, 2023
  • Oil prices edge lower as Russia eases fuel export ban Crude Oil

    Oil prices edge lower as Russia eases fuel export ban

    September 25, 2023
  • Goldman, HSBC join forces with other banks on client disclosures

    Goldman, HSBC join forces with other banks on client disclosures

    September 25, 2023
  • SoftBank Corp to raise $800 mln from bond-type shares in Japan first SoftBank Group Corp

    SoftBank Corp to raise $800 mln from bond-type shares in Japan first

    September 25, 2023
  • Futures muted on lingering concerns over elevated rates

    Futures muted on lingering concerns over elevated rates

    September 25, 2023
Oil prices edge lower as Russia eases fuel export ban Crude Oil
1 min read
  • Latest News
  • World news

Oil prices edge lower as Russia eases fuel export ban

September 25, 2023
Hong Kong crypto firm hit by $200mln hack
1 min read
  • Asia
  • Cryptocurrency
  • Latest News

Hong Kong crypto firm hit by $200mln hack

September 25, 2023
Oil prices edge lower as Russia eases fuel export ban Crude Oil
1 min read
  • Latest News
  • World news

Oil prices edge lower as Russia eases fuel export ban

Timilehin Adejumobi September 25, 2023
Russia approved some changes to its fuel export ban, lifting the restrictions for fuel used as bunkering...
Read More
Hong Kong crypto firm hit by $200mln hack
1 min read
  • Asia
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  • Latest News

Hong Kong crypto firm hit by $200mln hack

Timilehin Adejumobi September 25, 2023
It said on X, formerly known as Twitter, that it had stopped allowing users to withdraw their...
Read More
Goldman, HSBC join forces with other banks on client disclosures
2 min read
  • Latest News
  • World news

Goldman, HSBC join forces with other banks on client disclosures

Timilehin Adejumobi September 25, 2023
Regulators require investors to report the securities they hold when certain thresholds are breached, which requires complex,...
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SoftBank Corp to raise $800 mln from bond-type shares in Japan first SoftBank Group Corp
1 min read
  • Latest News
  • World news

SoftBank Corp to raise $800 mln from bond-type shares in Japan first

Timilehin Adejumobi September 25, 2023
The shares are designed to avoid diluting common shareholders' stakes as they cannot be converted into common...
Read More
Futures muted on lingering concerns over elevated rates
2 min read
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Futures muted on lingering concerns over elevated rates

Timilehin Adejumobi September 25, 2023
The three benchmark indexes, including the Dow (.DJI), were also eyeing their first quarterly declines so far this...
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Russia to make extra $17.7bln in energy revenues available to budget next year Russian rouble
2 min read
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Russia to make extra $17.7bln in energy revenues available to budget next year

Timilehin Adejumobi September 25, 2023
After invading Ukraine in February 2022, Russia suspended its budget rule and introduced a version in 2023...
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Amazon steps up AI race with up to $4 billion deal to invest in Anthropic amazon China
1 min read
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Amazon steps up AI race with up to $4 billion deal to invest in Anthropic

Timilehin Adejumobi September 25, 2023
In a joint interview, the CEOs of Amazon's cloud division and Anthropic said the immediate investment will...
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Japan to compile economic package to ease inflation pain
1 min read
  • Asia
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Japan to compile economic package to ease inflation pain

Timilehin Adejumobi September 25, 2023
Kishida will instruct his cabinet on Tuesday to put together the package and swiftly set up an...
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Aviva to buy AIG’s UK life insurance business for $563 million
1 min read
  • Europe
  • Latest News

Aviva to buy AIG’s UK life insurance business for $563 million

Timilehin Adejumobi September 25, 2023
Over the past three years, Blanc has prioritised hiking Aviva's investor returns and refocused the company on...
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Strong dollar sends yen to 11-month low, focus on intervention risks
1 min read
  • Asia
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Strong dollar sends yen to 11-month low, focus on intervention risks

Timilehin Adejumobi September 25, 2023
In the broader currency market, the dollar steadied after last week's gains as the Federal Reserve surprised...
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Capitec’s Newly Appointed CFO, Grant Robert Hardy, Emerges as Lowest Compensated Executive in 2022 Grant Hardy
2 min read
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Capitec’s Newly Appointed CFO, Grant Robert Hardy, Emerges as Lowest Compensated Executive in 2022

Feyisayo Ajayi September 23, 2023
Chief Financial Officer (CFO) of Capitec Bank, a prominent retail bank in South Africa, earned an impressive...
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TSX hits 3-week low as hawkish Fed stance hurts commodity stocks
1 min read
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TSX hits 3-week low as hawkish Fed stance hurts commodity stocks

Timilehin Adejumobi September 21, 2023
The U.S. Federal Reserve maintained interest rates but signaled a more hawkish stance, projecting potential rate hikes,...
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Nasdaq, S&P hit 1-month lows as rate worries lift yields, drag growth stocks
1 min read
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Nasdaq, S&P hit 1-month lows as rate worries lift yields, drag growth stocks

Timilehin Adejumobi September 21, 2023
Broadcom's decline and concerns about its partnership with Google regarding artificial intelligence chips contributed to a 3.7%...
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UBS cuts nearly 70% Credit Suisse researchers in Hong Kong
1 min read
  • Asia
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UBS cuts nearly 70% Credit Suisse researchers in Hong Kong

Timilehin Adejumobi September 21, 2023
Following the staff layoffs, Credit Suisse terminated Asia Pacific equities strategy coverage. This move reflects the ongoing...
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Toshiba says $14 bln takeover bid by JIP succeeds, set to go private
1 min read
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Toshiba says $14 bln takeover bid by JIP succeeds, set to go private

Timilehin Adejumobi September 21, 2023
Toshiba has faced battles with overseas activist investors in the past. Going private allows the company to...
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Markets on hold ahead of Fed, but UK data stirs rate pause talk
1 min read
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Markets on hold ahead of Fed, but UK data stirs rate pause talk

Timilehin Adejumobi September 20, 2023
Higher energy costs led to a bigger-than-expected spike in Canadian inflation, lifting the loonie on Wednesday and triggering...
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Oil falls more than $1 ahead of Fed rate decision
2 min read
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Oil falls more than $1 ahead of Fed rate decision

Timilehin Adejumobi September 20, 2023
Investors are awaiting the Fed's interest rate decision at 1800 GMT on Wednesday to assess the outlook...
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Dollar holds fast ahead of Fed decision, sterling falls on cool UK inflation Dollar
2 min read
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Dollar holds fast ahead of Fed decision, sterling falls on cool UK inflation

Timilehin Adejumobi September 20, 2023
The pound was volatile, last down 0.26% to $1.2360 after touching its lowest in almost four months...
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10-year Treasury yield holds around 16-year highs ahead of Fed interest rate decision US Treasury
1 min read
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10-year Treasury yield holds around 16-year highs ahead of Fed interest rate decision

Timilehin Adejumobi September 20, 2023
However, investors are expecting to get fresh insights into the Fed’s policy plans and expectations for the...
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UK inflation dips to 6.7%, below expectations as food prices ease
2 min read
  • Europe
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UK inflation dips to 6.7%, below expectations as food prices ease

Timilehin Adejumobi September 20, 2023
Economists polled by Reuters expected the headline figure to come in at 7% annually and up 0.7%...
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BofA lifts S&P 500 2023-end target by 7%, led by “old economy” stocks
1 min read
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BofA lifts S&P 500 2023-end target by 7%, led by “old economy” stocks

Timilehin Adejumobi September 20, 2023
The Wall Street brokerage now expects the index to end the year at 4,600 points, higher than...
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Qantas ex-CEO takes 900% pay rise, but bonus cut amid scandals
1 min read
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Qantas ex-CEO takes 900% pay rise, but bonus cut amid scandals

Timilehin Adejumobi September 20, 2023
Most of the amount was share-based incentives that Joyce was allowed to cash in after they vested,...
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India’s Tata Motors to hike commercial vehicle prices for third time in 2023 Tata
1 min read
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India’s Tata Motors to hike commercial vehicle prices for third time in 2023

Timilehin Adejumobi September 18, 2023
India introduced stricter emission norms, known as Bharat Stage 6, with phase II implementation starting from April...
Read More
Oil prices extend gains towards $95 on tight supply Crude Oil
2 min read
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Oil prices extend gains towards $95 on tight supply

Timilehin Adejumobi September 18, 2023
Both Brent and WTI crude prices have seen three consecutive weeks of increases and are currently at...
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Stocks, dollar drift lower in central bank-packed week
2 min read
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Stocks, dollar drift lower in central bank-packed week

Timilehin Adejumobi September 18, 2023
Concerns persisted about China's property market, as shares of China Evergrande Group dropped by 25% following the...
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Tesla, Saudi Arabia in early talks for EV factory TESLA
1 min read
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Tesla, Saudi Arabia in early talks for EV factory

Timilehin Adejumobi September 18, 2023
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, is a significant investor in Lucid Group, an...
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Canada risks more than C$50 billion in clean tech as incentives in limbo Canada Dollar
1 min read
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Canada risks more than C$50 billion in clean tech as incentives in limbo

Timilehin Adejumobi September 18, 2023
Despite the initial announcement made more than a year ago, the incentives have not been put into...
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Goldman Sachs cuts BoE terminal rate view to 5.5% Goldman sachs1
1 min read
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Goldman Sachs cuts BoE terminal rate view to 5.5%

Timilehin Adejumobi September 18, 2023
Economists led by Sven Jari Stehn, in a note dated Friday, still expect the BoE to raise...
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Gold prices edge higher ahead of likely Fed rate pause
1 min read
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Gold prices edge higher ahead of likely Fed rate pause

Timilehin Adejumobi September 18, 2023
Asian shares fell, making gold more attractive for investors ahead of policy decisions by the Fed on...
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Indian stocks slip as IT weighs; cenbank meetings eyed
1 min read
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Indian stocks slip as IT weighs; cenbank meetings eyed

Timilehin Adejumobi September 18, 2023
The Nifty 50 fell 0.09% to 20,174.4 points at 9:58 a.m. IST, while the Sensex lost 0.16%...
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SocGen shares drop after new strategy flags little growth
2 min read
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SocGen shares drop after new strategy flags little growth

Timilehin Adejumobi September 18, 2023
SocGen said it would target a 9-10% return on tangible equity ratio (ROTE) in 2026. It will...
Read More

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Oil prices edge lower as Russia eases fuel export ban Crude Oil
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SoftBank Corp to raise $800 mln from bond-type shares in Japan first SoftBank Group Corp
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