Top Global News

Speakers at the CERAWeek energy conference observed that Europe is set to struggle to build up gas supplies for the next winter as the continent looks to cut itself off from Russian supplies. While Europe still made use this winter of Russian imports that arrived...

Global stock markets were stationary on Monday, bringing a halt to last week's rally as investors assessed China's latest economic growth target. The country's lower-than-expected growth target gave rise to assumptions that the Chinese government would not be deploying stimulus. European stocks rose marginally, with...

Saudi Arabia has launched 192 billion riyals ($51.2 billion) of investment with major local companies such as oil giant Aramco, SABIC, and Ma'aden, state news agency SPA reported on Thursday. This forms part of a government-backed initiative to diversify the Saudi economy. In 2021, Saudi...

Asian shares rose on Wednesday on the back of reports indicating Chinese manufacturing growth following a prolonged period of Covid Zero restrictions. Hong Kong's Hang Seng rose 750 points to 20,552.60, thereby advancing by 3.8% while the Shanghai Composite added 32 points to 3,312.35; a...

Debt restructuring talks held on the sidelines of the G-20 finance chiefs meeting made little headway due to being riddled with multiple disagreements between the parties in attendance, thereby posing a risk to poorer nations that continue to face a mounting debt crisis. International Monetary...

International Monetary Fund Managing Director Kristalina Georgieva insists that central banks across the globe continue to adhere to strict monetary policies until inflation significantly subsides. While some central banks have lowered their interest rate hikes, inflation remains resilient as a whole. “I want to be...