Gold Prices Rebound After Six-Day Slump Amid Softer Dollar and Market Anticipation
The rally in gold comes as the U.S. dollar, which reached a one-year high last Thursday after a 1.6% surge last week, remained flat.
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Davido Pledges ₦300 Million Donation to Orphanages and Drug Abuse Charity for His Birthday
This generosity mirrored a similar gesture in November 2021 when he celebrated his 29th birthday by donating ₦250 million to 292 orphanages in Nigeria.
China-Russia Trade Poses Direct Threat to EU Security, Warns Dutch Minister
Netherlands Warns of China-Russia Trade Impact on European Security The Netherlands’ Foreign Minister, Caspar Veldkamp, has raised concerns over the growing trade relationship between China and Russia, emphasizing its implications for European security. Speaking ahead of a meeting with European Union foreign ministers in Brussels, Veldkamp highlighted NATO’s view of China as a “decisive enabler”…
OKX Launches Singapore Dollar Transfer Service for Local Crypto Users
These services are designed to facilitate quick and seamless fund transfers, making it easier for Singaporeans to deposit and withdraw Singapore dollars (SGD) on the OKX platform.
Philippines and U.S. Sign Military Intelligence-Sharing Agreement
This move underscores the growing commitment between the two nations to address shared security concerns in the region, particularly in the South China Sea and near Taiwan.
European Oil Majors Pivot Away from Renewable Amid Market Challenges
The move reflects a desire to enhance profitability, revive its lagging share price, and compete with major rivals like Exxon Mobil and Chevron.
Biden Lifts Restrictions: Ukraine Cleared to Use U.S. Weapons for Strikes Inside Russia
In a significant policy reversal, the Biden administration has authorized Ukraine to use U.S.-supplied weapons for long-range strikes within Russian territory. This strategic decision, confirmed by two U.S. officials and another source familiar with the matter, marks a pivotal shift in Washington’s approach to the ongoing Ukraine-Russia conflict. The development comes amid escalating tensions and…
Philippine Central Bank Launches Interest Rate Swaps Market to Boost Bond Trading and Liquidity
The ORR was established with the help of the Bankers Association of the Philippines and is derived from the central bank’s daily reverse repurchase auctions.
Akwa Ibom Revenue Service to Fully Digitalize Tax Collection Processes by 2025
The move aims to shift the agency’s semi-manual processes to a fully automated system, achieving an end-to-end digitalization of all tax-related activities.
New Nvidia AI Chips Face Overheating Issues, Raising Concerns Among Customers
Employees, suppliers, and customers familiar with the situation have confirmed the ongoing struggles to resolve the overheating problem
