China will end one of its major equity fundraising bans on property developers to ease the real estate downturn, allowing listed builders to sell local shares for debt repayment and acquisitions.
Ghana’s central bank increased its benchmark interest rate to the highest level in more than 19 years to cool persistent inflation.
Ghana’s central bank increased its benchmark interest rate to the highest level in more than 19 years to cool persistent inflation.
Wartsila Oyj, a Finnish company that makes power plants, expects South Africa to face electricity outages for at least another decade unless it installs as much as $8 billion worth of gas-fired generation capacity.
A recent rebound in global risk appetite has been dented after rising anger against China’s Covid curbs erupted in protests that risk triggering a government crackdown, while the growing number of infections in the country has tempered optimism that the world’s No. 2 economy will re-open any time soon.
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