BRICS explores CBDC link-up to reshape cross-border payments, says RBI chief
BRICS nations are exploring ways to link their fast payment systems and
Category: Business
South Korea to launch US$3.5 bil chip fund, speed development of semiconductor hubs
South Korea will launch a five trillion won (US$3.52 billion or RM14.43 billion) semiconductor
World Bank approves $100 million grant to modernize Syria’s financial sector
Syria will begin rebuilding the infrastructure underpinning its banking and payment systems
Copper consolidates after strongest week since May
Copper consolidated above US$14,000 on Monday after posting its strongest weekly gain
Zimbabwe limits gold-buying incentives to $300 million as it weighs the cost of backing its currency
Zimbabwe will cap government spending on its gold-buying incentive scheme at $300
Citi Lifts Brent Outlook but Still Sees Oil Falling in 2027
Citi has raised its third-quarter Brent crude forecast to $80 per barrel
ADNOC Gas Unveils $8.2 Billion Expansion Push
ADNOC Gas, the gas business of the Emirati energy major, will spend
Dangote’s $16 billion Kenya refinery could break ground sooner than expected
In a recent BBC interview, Dangote stated that negotiations with the Kenyan
Saudi oil tankers are disguising their destinations by signalling Egypt and the Suez Canal instead of home ports to avoid Houthi attacks
Tankers entering the Red Sea to load Saudi oil are signalling Egypt
Argentina renews $19bn China swap line for five more years
Argentina’s central bank has renewed its currency swap agreement with the People’s