Ebang International GAAP EPS of -$0.46, revenue of $3.92M
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Confidence in the Bank of Industry Limited (BOI) and the ability of Nigeria’s domestic capital market to finance long-term economic development received a significant boost as BOI’s maiden ₦250…
NEW YORK: Gold drifted higher on Monday, supported by a weaker dollar and recent soft economic data that reduced expectations for a US interest rate hike next month.
OCBC’s Sim Moh Siong and Christopher Wong highlight that September Bank of Japan (BoJ) hike odds have risen sharply, but the Japanese Yen (JPY) has reacted only modestly. They argue a sustained Yen recovery likely needs clearer commitment to faster policy normalisation.
A recent assertion circulating among Ghanaian youth and entrepreneurs poses a fundamental economic question: Is the current exchange rate of approximately GH¢10.94 to the US dollar literally killing local jobs by making imported products drastically cheaper than locally manufactured goods?