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Finance & Markets

Swiss Franc steadies as Fed hike expectations offset safe-haven flows

The USD/CHF pair flatlines near 0.8090 during the early European trading hours on Tuesday. Traders brace for crucial US Producer Price Index (PPI) and Consumer Price Index (CPI) inflation data later this week.

Swiss Franc steadies as Fed hike expectations offset safe-haven flows

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KOSPI Down 0.58% Tuesday

[Economy] : The benchmark Korea Composite Stock Price Index went down 40-point-87 points, or zero-point-58 percent, on Tuesday to close at six-thousand-954-point-52.

Nigeria: Dangote Refinery Sets Minimum Subscription for $1.6 Billion IPO

[Premium Times] Aliko Dangote, Africa's richest man and owner of the 700,000 barrel-per-day (bpd) plant, led the sign-off ceremony in Lagos on Monday.

  • Dangote Refinery's $1.6 billion IPO is Africa's largest public equity sale.
  • Minimum subscription is 10 shares at N5,250 per unit for retail investors.
  • IPO runs from September 14 to October 13, with capacity to be doubled to 1.4 million bpd.

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