Business

Dangote Aims to Raise $1.6 Bln in Nigeria's Biggest IPO

Billionaire Aliko Dangote is seeking to raise $1.6 billion in what would be Nigeria’s biggest initial public offering.…

More funding needed to boost construction jobs for young people, housing boss says

Recent analysis showed the construction sector needs an extra 2,200 workers a year to meet demand.

Hari: Oil Prices to Keep Grinding Higher

Vandana Hari, Founder of Vanda Insights, says oil prices are likely to continue a slow and steady climb as the U.S. and…

Philippines’ Ombudsman Files Plunder Case Against Marcos Cousin

The Philippines’ Office of the Ombudsman on Monday filed a plunder case against former House Speaker Martin Romualdez,…

Treasurys are losing foreign appeal in a historic capital flow reversal — and here's one trade investors favor instead

U.S. bonds are losing their appeal among overseas investors in what strategists say is a historic capital reversal.

Palm Oil Climbs as Indonesian Forest Fires Puts Supply at Risk

Palm oil rose as traders weighed the risk of supply disruptions from forest fires raging across Indonesia, the world’s…

How long could you manage on £3 of food a day?

It wants people to experience what it is like for people facing food insecurity.

Serena Williams says her first training-day meal comes later than people might expect

Serena Williams shared a look at the routine that helps fuel her busy days. Robert Prange/Getty Images Serena Williams…

Philippines Wants To Deepen Economic Ties With China

Philippine Finance Secretary Frederick Go discusses Manila's economic ties with Beijing. He is in Hong Kong to conduct…

Japan and America Should Join Forces to Fight Financial Globalization

To restore economic sovereignty, something more than currency intervention is required. The post Japan and America…

Bonds have become bonds again

The forces encouraging yields to move upwards are unlikely to disappear but at least we’re in the ballpark of normal…

Trump is putting European security in peril

The president’s bullying of allies is weakening deterrence and increasing the risk of war

EssilorLuxottica overhauls management after rift with founder’s son

CEO Francesco Milleri has reshaped the senior team at Milan-based eyewear group

Bond Market: Gilts, BTPs, OATs Hit by Fears of Energy Shock, Political Risk

Spiraling gas prices and growing political risks are accelerating a selloff in Europe’s bond market, the steepest among…

Iron Ore Tops $100 on Position Unwinds and China Buying Hopes

Iron ore broke above $100 a ton for the first time in seven weeks as traders unwound bets that favored coking coal,…

Multiple Dead in New Delhi Building Collapse

Several people are dead after a multi-storey building collapsed in New Delhi. Rescue crews worked through the night,…

New stock market pre-open session rules from today: What changes for you?

The revised arrangement makes the pre-open process more similar to the auction mechanism followed during the Closing…

Billionaire Stokes family retakes control of Seven

The Stokes family sold down their holding in Seven as part of a merger that led to Kerry Stokes stepping down as chair.…

First-Day Gains in India Swell as Investors Pile Into Newly Listed Stocks

First-day gains are getting bigger as investors pile into newly listed Indian shares.

Top stocks to buy: Stock recommendations for September 7 week - check list

Stock market recommendations: CG Power and Industrial Solutions, and Adani Power - these are the top stocks to buy that…

China to pump $54bn into state banks and insurers to boost economy

It comes as Beijing is aiming to reshape its economy in the face of a number of challenges.

Treasury yields face 4.8% test as fiscal risks threaten to spill into other assets

Treasury yields face a test at 4.8%, with a sustained move above that potentially creating "meaningful problems" for…

China’s ‘Tesla imitators’ have a new mission: build affordable humanoid robots for consumers

When Nio CEO William Li outlined earnings prospects for the Shanghai-based carmaker in March, he could not help but…

$25 Million, 30,000 Drones: Inside Ukraine's Plan To Turn Porn Into War Cash

A bill backed by Ukrainian lawmaker Yaroslav Zhelezniak argues that bringing the country's adult entertainment industry…

China Property Moves to Fuel 30% Hit to Land Sales, Goldman Says

China’s recent overhaul of the way homes are sold will exacerbate already stretched local government finances, fueling…

SoftBank’s ¥1 trillion retail bond rejuvenates Japan debt market

The offering comes as Japan's benchmark 10-year government bond yield topped 3% for the first time in about 30 years.

Asia shares bounce, others cautious as oil rises

Asian family philanthropy is ‘a lot more hands-on’—and more corporate—than the West

Over three-quarters of Asian family philanthropies partner with government, a contrast with Western donors who get…

CRYPTOCURRENCY: African nations move to bring stablecoins into the financial mainstream

World-leading uptake of mobile money gives the continent a head start as regulators set rules for new forms of…

Morgan Stanley Banker in Australia Says Bathla Is ‘Hammer Blow’

Morgan Stanley’s investment banking chief in Australia said the collapse of Bathla Group will have significant impacts…

Bathla Group Faces Funding Talks as $2.5 Billion Debt Crisis Deepens

Bathla Group, the insolvent Australian builder that’s shaken the nation’s real estate and private credit markets,…

NEW MARKETS: South African citrus exporters juice up their India ambitions

South Africa’s push into India reflects a broader shift across Africa, where citrus growers are expanding production,…

Volcanic island in Indonesia erupts, canceling 1,558 flights and affecting 170,000 passengers

The volcanic island of Anak Krakatau, located in Indonesia’s Sunda Strait between the main Java and Sumatra islands,…

Japan Likely Sold Treasuries to Fund Record Yen Intervention

Japan likely sold a portion of its holdings of foreign securities, including US Treasuries, to finance its record…

China Injects Billions of Capital Into Banks, Insurers

China is injecting billions into its largest banks and insurers to shore up balance sheets and sustain growth in a…