Economy
South Africa’s Manufacturing Output Falls 4.3% in August
South Africa’s manufacturing sector recorded a sharp contraction in August, with factory output falling 4.3% year-on-year, signalling renewed weakness in one of the...
China Rejects EU Call for Voluntary Limits on Hybrid Car Exports
China has rejected a European Union request to voluntarily limit its hybrid-car exports to the bloc, increasing pressure on negotiations aimed at preventing...
Wall Street Futures Slip as Oil and Treasury Yields Rise Ahead of Fed Minutes
Wall Street futures edged lower on Wednesday as rising Treasury yields and a rebound in oil prices made investors more cautious after the...
Dollar Holds Gains as Markets Await Fed Minutes, Policymaker Speeches
The US dollar held firm on Wednesday as investors awaited minutes from the Federal Reserve’s September meeting and comments from several policymakers for...
UK 30-Year Gilt Yield Hits 28-Year High as Global Bond Sell-Off Deepens
Britain’s 30-year government bond yield climbed to a 28-year high on Wednesday as a renewed global sell-off in government debt pushed borrowing costs...
US Consumers Raise Near-Term Inflation Expectations to Highest Level Since 2023
US consumers raised their expectations for inflation over the next year to 3.9% in September, the highest reading since May 2023, according to...
US 30-Year Mortgage Rate Climbs to Highest Level in Nearly Three Years
The average interest rate on a 30-year fixed-rate US mortgage rose to 7.49% in the week ended October 2, its highest level since...
NUPRC Opens 2026 Licensing Round, Puts 40 Oil and Gas Blocks Up for Bidding
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opened the 2026 oil and gas licensing round, offering 40 blocks across land, shallow-water and...
