Financial markets
The African Development Bank (AfDB) has warned that the naira and 20 other African nations' currencies will depreciate by at least 6% between 2025 and 2026 due to heightened global financial market volatility. The AfDB's African Economic Outlook 2025 report highlights the growing vulnerability of African currencies
Financial markets
As President Trump continues to pursue his ambitious economic policy agenda, markets and consumers are growing increasingly concerned about the potential impact of his decisions. The past week has seen Mr. Trump pivot back to his signature policy priority of global trade, escalating his tariff threats and raising the prospects
Financial markets
A 42-year-old financial analyst in Kuala Terengganu, Malaysia, has been left financially devastated after falling victim to a sophisticated investment scam on social media. The analyst came across a stock investment advertisement on Instagram, which led him to join a WhatsApp group with 125 members discussing stock market trends. A
Financial markets
Jayud Global Logistics Limited, a leading end-to-end supply chain solution provider in China, has received a notification letter from The Nasdaq Stock Market LLC stating that the company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing
Financial markets
Tuniu Corporation, a leading online leisure travel company in China, has received a notification from the Nasdaq Stock Market LLC indicating that the company's American depositary shares (ADSs) have fallen below the minimum bid price of $1.00 per share for the last 30 consecutive business days. This
Financial markets
Marin Software, a digital marketing software provider, has received a notice from Nasdaq indicating that the company is out of compliance with listing rules due to delinquent filings. The company has been struggling to file its quarterly and annual reports on time, and now faces potential delisting from the Nasdaq
Financial markets
The Reserve Bank of India (RBI) made a concerted effort to stabilise the rupee and inject liquidity into the banking system in March 2025, making net spot market purchases of $14.35 billion, the highest in close to four months. This move was the outcome of dollar-rupee swaps that helped
Financial markets
B2BROKER, a leading global fintech solutions provider, has announced the launch of Liquidity Provider Turnkey, a comprehensive solution designed to help financial institutions seamlessly enter the Prime-of-Prime (PoP) space. The solution is built for financial institutions seeking a fast operational launch without building infrastructure from the ground up. This includes
Financial markets
The Chimera SandP UAE Shariah ETF-Share class B-Income experienced a modest price increase on the Dubai Financial Market, closing at 7.68 on May 23, 2025. The trading session was characterized by a stable opening price, with both the high and low prices matching at 7.68. The bid volume
Financial markets
Payden & Rygel marks a significant milestone with the 30-year anniversary of the Payden U.S. Government Fund (PYUSX), a bond fund that has provided stable returns in the face of market turmoil. Launched in 1995, the fund was designed to offer investors a low-risk investment option during a period
Financial markets
The Thai baht has shown an unexpected surge in value, touching the 32-baht-to-US-dollar mark, driven primarily by an influx of foreign investment into Thailand's debt market. This comes as investors seek safer assets due to concerns about US President Donald Trump's trade policies, which have diminished
Financial markets
The Brazilian government, facing widespread criticism from financial markets and internal opposition, partially reversed a decision to increase the Tax on Financial Transactions (IOF) just hours after announcing it. The change, decided during an emergency meeting at the presidential palace, saw the IOF rate on investments by domestic funds abroad
