Tuesday , 10 February 2026

Recent Posts

IMF to provide $11bn to 32 African nations

Bloomberg The International Monetary Fund (IMF) is set to provide $11 billion to 32 countries in sub-Saharan Africa that have requested assistance in fighting the coronavirus pandemic and its impact on the region’s economies. These steps by the IMF and its partners — the World Bank, World Health Organisation, the African Development Bank and the African Union — will support …

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Oil slumps below $20 as IEA sees storages filling despite reductions

Bloomberg Oil fell below $20 a barrel after the International Energy Agency said a historic production cut deal won’t be enough to counter a record demand slump this year. Futures fell as much as 4.5% in New York to the lowest since 2002. Oil demand will drop by over 9 million barrels a day this year, wiping out a decade …

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Singapore home sales set for harder hit over lockdown

Bloomberg Singapore home sales slumped in March and are set to take a harder hit in coming months as the government enforces a more draconian lockdown that threatens to bring the property market to a standstill. Sales in the city-state fell 32% to 660 units last month — even before the toughest curbs were imposed — from 976 in February, …

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