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A selloff in chipmakers sent stocks lower, with the market also falling as inflation angst and rising government debt kept bond yields elevated. John Mowrey, CIO at NFJ Investment Group, discusses AI capex spending and equities reaching all-time highs. (Source: Bloomberg)
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The average wage has risen 7% over the past year but lower participation of young people in the workforce is pushing up the average, some experts say.
Sitharaman also asks state-owned banks to strengthen priority-sector lending and launch a month-long 'Banking for Youth' campaign from October 2
Nigeria’s foreign reserves have surged past $52.5bn, reaching a 17-year high. This growth is attributed to CBN reforms and increased investor confidence.
