Tencent bond sale draws $15.5b orders despite AI worries
A source said Tencent was seeking to raise at least US$4.5 billion.
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Treasury, Eurozone Yields Fall as Markets Look to U.S. Inflation Data
Yields fell—helped by lower oil prices and a pullback in AI stocks—with the 10-year Treasury yield dropping 5.5 basis points to 5.189%, comfortably below the 24-year high reached last week.
Treasury, Eurozone Yields Fall as Markets Look to U.S. Inflation Data
Yields fell—helped by lower oil prices and a pullback in AI stocks—with the 10-year Treasury yield dropping 5.5 basis points to 5.189%, comfortably below the 24-year high reached last week.
Saudi Arabia faces economic contraction as war woes mount
Saudi Arabia’s economy is expected to contract by 3.3%, the IMF said in its latest World Economic Outlook report.
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Food prices will push more Nigerians into poverty despite 4.2% growth – IMF
The International Monetary Fund, IMF, says food prices will push more Nigerians into poverty regardless of 4.2% growth. The IMF made this projection in its 2026 World Economic Outlook titled…