Tuesday , 14 April 2026

Recent Posts

China tech index on track for record low as rout continues

Bloomberg China tech shares tumbled on Monday, with a key gauge poised to close at its lowest level since launch last year as concerns mount over how many more companies could withdraw from American exchanges. The Hang Seng Tech Index, a gauge of mostly Chinese tech giants traded in Hong Kong, saw losses deepen to as much as 3.6% in …

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Traders dump Asean stocks on fears omicron will hammer region

Bloomberg Emerging-market traders are taking the once-bitten, twice-shy approach with Southeast Asia and omicron, dumping shares from the region that was most impacted when the delta variant arrived. The MSCI AC Asean Index has fallen about 4% since US Thanksgiving — when omicron first made its presence known in markets — underperforming the near 2% decline in Latin American shares …

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Ofid extends $80m loan to boost trade in Africa

Vienna / WAM The Opec Fund for International Development (OFID) signed an $80 million loan agreement with the African Export-Import Bank (Afreximbank) to finance international trade directly among corporates or through financial intermediaries. The Opec Fund’s support will assist in boosting Afreximbank’s liquidity to grow its loan portfolio as it finances exports and imports in critical sectors such as agriculture, …

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