Region
Africa
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China will provide Africa with RMB360 billion of financial support in the next three years, including RMB 210 billion in credit lines
Between 2000 to 2023, Chinese lenders provided 1,306 loans amounting to $182.28 billion to 49 African governments and 7 regional borrowers
The 400-rack capacity facility is expected boost DRC's digital landscape
The move aims to enhance natural resource management and disaster preparedness
The Ethiopian central bank has floated the birr, a crucial step for securing IMF support and progressing its debt restructuring
Initiative includes building state-of-the-art data center campus in Olkaria, Kenya
Asia
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Exports amounted to $2.93 trillion, up 5.1 percent YoY, and imports totaled $2.14 trillionÂ
Central bank buying slowed in but demand remained robust at 186 tons
While modest, the rate of growth in China's services economy was the fastest in three months
Manufacturers noted the sharpest fall in new export business since March amid weak demand from the U.S. and mainland China
Central bank lowered the projected inflation rate for fiscal 2025 from 2.1 percent to 1.9 percent, below the bank's price stability goal of 2 percent
Equity investment funds, valued at 10.89 trillion yuan, were the largest category
Europe
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London continues to have the most expensive house prices in the U.K., now averaging £543,308
The council reaffirmed its commitment to climate finance and aims for new targets beyond 2025.
Summit to feature senior executives from leading tech companies
Inflation fell to 1.1 percent in August from 1.4 percent in May, partly due to a stronger Swiss francÂ
The central government's total expenditure was £90.5 billion in August 2024, £6.1 billion more than in August 2023
The Committee unanimously cut U.K. government bond purchases by $93.77 billion, reducing the total to $523.58 billion
Saudi Arabia
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With 95% of the land protected for nature, NEOM offers incredible biodiversity
United Arab Emirates
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In August, U.S. consumer confidence declined among consumers under 35 while it increased for those 35 and older
Non-EU trade surplus hit SEK 22.7 billion during this period
Shipments of foreign-branded phones in China increased by 52 percent in April 2024 to 3.495 million units
The main drivers of the CPI increase were the rising costs of shelter (up 0.4 percent) and gasoline (up 2.8 percent)
City renowned for being people-centric, entrepreneurial, sustainable and culturally vibrant
Mono-hull yacht setting a new standard in maritime luxury
United States
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Despite competition from the U.K., Canada, and Australia, the U.S. remains the top choice for international students
Economy's recent performance has been 'remarkably good, by far the best of any major economy in the world'.
Powell said the results of Tuesday's presidential election would have no 'near-term' impact on U.S. monetary policy
Unadjusted U.S. weekly jobless claims rose 5.4 percent to 212,274 in the week ending November 2
The Federal Reserve will begin its two-day policy meeting only a day after the U.S. presidential election on Tuesday
This suggests that the economy is entering the fourth quarter on a strong note
Worldwide
See ArticlesDespite competition from the U.K., Canada, and Australia, the U.S. remains the top choice for international students
Other global brokerages, including Goldman Sachs and J.P.Morgan, anticipate a 25 bps cut from the central bank next month
Exports amounted to $2.93 trillion, up 5.1 percent YoY, and imports totaled $2.14 trillionÂ
Figures released ahead of COP29, taking place November 11 to 22 in Baku, AzerbaijanÂ
AI accounted for over half of the 10 largest funding rounds globally as VC investors continued to show interest in the sector