Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Ditiro Capital delivers strong first close for debut fund” »
The mood is rapidly souring in the world’s bond market, raising the stakes for Friday’s much-anticipated US monthly jobs data. A surge in long-term yields to their highest since November has seen the Treasury market shed all its gains for 2023, crushing hopes for a rebound from last year’s record 12.5% loss. The move has … Read More “Bond market confronts risk of pivotal US jobs report” »
Stocks were mixed and Treasuries fluctuated before US employment data that will be scrutinized for clues on the path for Federal Reserve interest rates. Contracts for the S&P 500 and Nasdaq 100 indexes both gained, setting US stocks on course to trim their biggest weekly decline since March. The advance in futures was helped by … Read More “Stocks, treasuries waver as traders await US jobs: Markets wrap” »
Stocks fell in Asia, dragged by technology shares, as Fitch Ratings’ downgrade of the US sovereign credit grade also weighed on risk sentiment. An Asia Pacific equity gauge headed for the biggest decline in more than four months as technology stocks in Hong Kong dropped more than 3%. Japanese stocks also fell as a stronger … Read More “Tech drags stocks down as Fitch sours sentiment: Markets wrap” »
by Fintechnews Africa 2 August 2023 Small and medium-sized enterprises (SMEs) are the foundation of the economy as they drive growth, build competition, and create jobs. Despite this, they are often at the back of the line when it comes to getting quick access to credit. Research shows that 44% of SMEs seek funding to … Read More “Accelerate Your SME Lending with Real-Time Approvals” »
Shares in Japan and Australia rose while equities in China retraced an early advance following data that showed a chill in the country’s manufacturing and property sectors, thwarting a run of gains for the region’s equities. Beyond China, stocks were broadly higher, including in South Korea, where the Kospi benchmark added more than 1%. The … Read More “China stocks edge lower to stall Asia-wide rally: Markets wrap” »
After a recent meeting between US Treasury Secretary Janet Yellen and officials in Beijing, China released a statement demanding “practical action” over the issue of sanctions. The implication was that the punitive measures – imposed by the US government on hundreds of Chinese individuals and entities over the past few years – impede any alleviation … Read More “Here’s how China is responding to US sanctions” »
Image Credit: Kasha Global To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, … Read More “Knife Capital leads investor group backing Kasha’s Series B” »
US stock futures rallied after strong earnings from Intel Corp, while Asian bonds retreated after Japan surprised investors by loosening its control of market rates. Contracts on the Nasdaq 100 rose more than 1%, with Intel surging 8% in premarket trading as the chipmaker gave a bullish revenue forecast. Advanced Micro Devices Inc. and Nvidia … Read More “US stock futures gain, Japan yields top 2014 high: Markets wrap” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Vantage acquires control stake with a mix of mezzanine and equity capital” »
