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Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices kept bond yields at multi-year highs. Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments, discusses equity bullishness amid a deepening bond selloff. (Source: Bloomberg)
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Issuer processor firm Thredd has launched a partnership with cross-border payment/capital settlement platform iPayLinks. The collaboration, announced Tuesday (Sept.
President William Ruto’s plans to raise billions of shillings from the sale of the government’s stake in Safaricom have suffered a major setback after the High Court declared the transaction…
The 10-year US Treasury yield rose to the highest in almost two decades, the latest milestone in a bruising global bond selloff driven by booming capital investment and soaring energy prices that are…
Ministry of Finance says person-to-person transactions, which will also be exempt, constitute 70% of the value of total UPI transactions; according to the Ministry, only 4% of merchant transactions…
