In an effort to help regulators bring some oversight to the crypto sector, the Financial Stability Board (FSB) is setting out to review the implementation of its previously issued, high-level recommendations for the sector — and ultimately to provide advice to regulators on dealing with implementation issues. In 2023, the global policy group issued its […]
The Economic Commission for Africa (ECA) and the African Continental Free Trade Area (AfCFTA) have signed a Memorandum of Understanding (MoU) to enhance trade implementation on the continent. A statement by the Executive Secretary of ECA, Claver Gatete, on Tuesday said the MoU was signed at the Africa Business Forum (ABF 2025) in Addis Ababa, […]
Gold’s price surge past $2,700 per ounce in October 2024 marked the beginning of a sustained rally. The momentum has only strengthened in 2025, with investors continuing to push the precious metal to new price highs. Several forces power this remarkable rise, including inflation concerns and central bank purchases. But what’s particularly interesting is gold’s relationship with the U.S. dollar. While […]
Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with the developments . Barrick has signed the agreement and it is now up to Mali’s government to formally approve the deal, the sources […]
During the recent price drop, only a few cryptocurrencies have managed to resist a massive decline, and SUI, the native token of the Sui blockchain, is one of them. The asset’s daily chart shows that SUI has remained above the crucial support level of $3 and the 200 Exponential Moving Average (EMA). Based on recent […]
The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by 3.34 million barrels for the week ending February 14. Analysts had expected a 2.2-million-barrel build. This adds to the almost 18 million barrels of builds in U.S. crude oil inventories during the last four weeks, including a 9 million barrel […]
A look at the day ahead in European and global markets from Ankur Banerjee A bevy of tariff headlines this week along with geopolitical worries has left investors wary and weary, taking stocks lower in Asian hours, gold to a record peak and the yen to its highest in over two months as sentiment remains […]
Sudan and Iran have agreed to enhance bilateral relations through strengthened cooperation in trade, diplomacy, and post-war reconstruction, Sudan’s state news agency reported on Tuesday. Sudanese Foreign Minister Ali Yusuf met with his Iranian counterpart, Abbas Araghchi, in Tehran on Monday to discuss ways to expand ties and establish a structured plan for long-term collaboration, according […]
HSBC Holdings, the biggest commercial lender in Hong Kong, on Wednesday reported 2 per cent profit growth for 2024, as gains from its wealth-management business and cost savings from restructuring offset the impact of interest-rate cuts. Net profit rose 2.2 per cent to US$22.9 billion or US$1.25 per share from US$22.4 billion a year earlier, […]
Binance, one of the world’s largest cryptocurrency exchanges, is shaking up its trading platform once again. The exchange has announced the removal of five spot trading pairs as part of its regular market review. This change, set to take effect on February 21, 2025, at 03:00 (UTC) where applicable, is aimed at keeping the platform efficient and user-friendly. According […]