The South African foreign exchange (Forex) market has seen a significant improvement in liquidity and narrower spreads thanks to adaptive automation technology, boosting the country’s financial sta…
The Sensex and Nifty indices in India have experienced sharp drops this week, driven by concerns over potential oil shortages and increased scrutiny from the US government under the Trump administr…
Estonian Prime Minister Kaja Kallas announced new European Union sanctions targeting 19 individuals and entities affiliated with the Iranian regime, marking a significant step in the ongoing geopol…
The European stock markets have taken a nosedive, driven by widespread pessimism, while the International Energy Agency (IEA) announced plans to release up to 400 million barrels of oil into the gl…
The Reserve Bank of India (RBI) has aligned the capital rules of its banks with international standards, marking a significant move towards enhancing financial stability and competitiveness within …
President Donald Trump declared on Monday that the ongoing conflict with Iran would come to an end "very soon," a statement met with a defiant response from the Islamic Republic, which vowed to con…
The Reserve Bank of India (RBI) has mandated local banks to provide detailed information regarding their clients' foreign exchange (forex) deals and positions. This latest directive, announced on O…
Tinus Rautenbach, CEO of Clarity, has announced a groundbreaking platform aimed at revolutionising online trading for everyday investors in South Africa. Launched on 15 October 2023, Clarity seeks …
US mortgage rates have surged to 6% after a three-week decline, driven by rising oil prices and climbing bond yields. This shift poses significant implications for South Africa's economy, particula…
In a bold move to enhance financial accessibility, Bitget has announced its ambitious plan to capture 40% of the global tokenized stock trading market by 2030. This initiative, which also boosts tr…
BMcar, a leading automotive firm in Africa, has surpassed €500 million in revenue, thanks to substantial support from Spanish investors and partners. This milestone was achieved in Madrid as the co…
In a significant financial move, Portugal has returned $3 million to Angola, part of a larger sum of $20 million illicitly obtained from the African nation. This action, announced on 15 October 202…
