In a significant move to combat terrorism financing, Israeli law enforcement authorities have taken decisive action by ordering the closure of dozens of cryptocurrency accounts and seizing millions of dollars’ worth of cryptocurrency assets. This intensified effort comes as part of longstanding attempts to sever the connections between cryptocurrency markets and Hamas, following the recent […]
In an effort to fortify a faltering stock market, Chinese authorities are intensifying controls on short-selling activities. The move by the Securities Regulatory Commission involves raising margin ratios for ordinary securities borrowing and hedge funds, with an effective date of October 30, 2023. These regulatory changes come as part of a broader strategy aimed at […]
In a recent development, the Treasury is grappling with medium to long-term refinancing challenges due to the shrinking maturity times of its bonds, with a concerted effort to avoid the issuance of long-dated securities. This shift has raised concerns about higher principal repayments to investors over a shorter timeframe. The Central Bank of Kenya (CBK) […]
In a groundbreaking move towards sustainability and environmental responsibility, the Johannesburg Stock Exchange (JSE) has proudly unveiled a new carbon market in partnership with Xpansiv, the leading global infrastructure provider for environmental markets. This collaborative effort has taken shape through the establishment of a distinct legal entity known as JSE Ventures. The new carbon market […]
HoneyCoin, the burgeoning cross-border web3 super app, has officially unveiled its partnership with MYKOBO. This strategic collaboration paves the way for HoneyCoin’s grand entrance into the European market. The overarching goal of this dynamic partnership is to empower users across all 27 European Union Member States, spanning a diverse range of countries such as Austria, […]
Tensions have mounted between investors and the Kenyan government as the recent sale of the October Treasury bond fell significantly short of expectations. The government aimed to raise Sh35 billion but only managed to secure Sh6.3 billion, representing less than 20 percent of the target. Investors appear to be seeking higher returns and more attractive […]
South Korea’s financial watchdog is pursuing the imposition of unprecedented fines on two international investment banks for their alleged “routine and intentional” involvement in naked short-selling, a practice prohibited in the country. The Financial Supervisory Service (FSS) disclosed that the Hong Kong-based units of these banks engaged in naked short sales of multiple securities between […]
GenAfrica Asset Manager has surged ahead of the National Social Security Fund (NSSF) in portfolio size, marking a historic shift in the financial landscape. This development, as per data from the Retirement Benefits Authority (RBA), is the first time a private fund manager has outpaced the state-owned NSSF in nearly seven years. As of the […]
Egypt is set to borrow at least $1.5 billion before the end of this year, according to Finance Minister Mohamed Maait. This borrowing will predominantly occur through the utilization of Asian capital markets, with debt issuance guaranteed by development institutions. Key aspects of the borrowing plan involve the issuance of $500 million in Egypt’s debut […]
Stock prices experienced a decline while Treasury yields surged, as new data heightened speculation that the Federal Reserve is far from declaring victory over inflation. This has led to increased bets on another interest rate hike, effectively bringing them back into coinflip territory. The S&P 500 halted a four-day winning streak, and bank shares notably […]
When the United States and Israel launched coordinated strikes on Iran on February 28, 2026, the immediate global conversation centred...
The United States has dramatically escalated its global trade offensive, launching a sweeping set of Section 301 investigations into 60...
Nigeria's Federal Government has taken a decisive step toward rerouting the country's energy future through one of its most abundant...
In two trading days, the Nation Media Group (NMG) share price did something it had not managed in years: it...
