CSI AI Index falls 3% as Chinese AI shares retreat amid valuation fears
Investor caution over AI valuations and geopolitical tensions may dampen enthusiasm for Chinese tech stocks, impacting global AI market dynamics. The post CSI AI...
Daily Forex News & Market Updates
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Microfinance Banks’ balance sheet hits N6trn in 5 Years
Nigeria’s microfinance banking industry has recorded significant growth over the past five years, with its total balance sheet rising from less than N300 billion...
Breakfast briefing: Transactional Trump trapped by his own missteps
Eyes on the Fed and the BoJ; watching for new China stimulus; Japan up, India down; US PMIs shows inflation rising; Australia factory orders rise; UST 10yr at...
USD gains on long positions, reaching an 11yr high
Positive weekend developments with US and Iran military action paused. NZD recovers some lost ground and is modestly higher on the key crosses. Higher Australian...
New Zealand’s productivity record – a chart that will surprise you
Roger J Kerr sees weaker US jobs growth undermining the market pricing for an inflation-fighting Fed hike, and the USD will fall too. At the same time he finds...
Japan Service Prices Ease Slightly in June, Offering Mixed Signals for BOJ
BitcoinWorld Japan Service Prices Ease Slightly in June, Offering Mixed Signals for BOJ Japan’s Corporate Service Price Index (CSPI) rose 3.2% in June compared to...
CXMT surges 470% in Shanghai Stock Exchange debut, becomes China’s most valuable listed company
CXMT's IPO success highlights strong investor confidence in China's chip industry, potentially reshaping global semiconductor market dynamics. The post CXMT surges...
AMCON recovers N165bn in first half of 2026
The Asset Management Corporation of Nigeria (AMCON) has recorded a significant boost in its debt recovery efforts, recovering N165 billion in the first half of...
Gold Price Today: Why are gold prices up 1%? 3 key reasons behind the rally explained
Gold Prices Today: Gold prices rose over 1% as falling oil prices eased inflation fears, reducing rate hike concerns. A weaker dollar and expectations of softer...