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||Bangkok Nigeria is seeking greater access to World Bank guarantees to attract private investment into infrastructure and sustain economic growth
HONG KONG: China’s yuan held near its strongest level in three years and nine months on Tuesday, shrugging off a strong dollar as central bank guidance kept the currency steady.
The International Monetary Fund has lowered its 2026 growth forecast for Latin America and the Caribbean to 2.3%, a tenth of a point less than in July, and sharply cut Argentina’s, from 3.5% to 2.1%.
The stock market setback suffered in Asia due to the blow to the values most linked to AI is glossed over in European equities. Awaiting the first results from Wall Street, the truce in oil and debt allows the Ibex to consolidate the 1.33% gained in yesterday's session.
Copper prices held nearly steady on Tuesday as a firm US dollar countered support from supply concerns in top producer Chile. Benchmark three-month copper on the London Metal Exchange fell 0.2% to $14,590.50 a metric ton by 0126 GMT, after hitting a two-week high in the previous session.
The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.
