Latest News

US Payrolls Are Seen Picking Up After End of UAW Strike

The return of striking United Auto Workers to vehicle assembly lines is seen driving a pickup in November payrolls, representing a pause in the recent trend of moderating US employment growth.
Surprise Call Shocks Staid Corner of Bond Market: Credit Weekly

A normally sedate part of the debt markets used by the finance industry to transfer mortgage default risk has been roiled after insurer Arch Capital Group Ltd. called $1.7 billion of the securities at par when they had been trading at a premium.
Kenya Signs Deals Worth $4.48 Billion to Develop Green Projects

Kenya signed deals for seven green projects on the sidelines of the COP28 summit, include geothermal generation plants, fertilizer production and a data center powered by renewable energy, according to an emailed statement.
Grayscale Trust Becomes ‘Live Betting Line’ for Spot Bitcoin ETF

Traders betting that regulators will approve a US spot Bitcoin exchange-traded fund sooner rather than later have all but evaporated a once-gargantuan discount on the world’s biggest crypto fund.
Chinese Firm to Help Build $1.5 Billion Bridge in Sierra Leone

Sierra Leone has signed an agreement with the China Road and Bridge Corporation and Senegal’s Atepa Group for the construction of an 8 kilometer (4.97 miles) bridge linking its capital and main airport.

BNN