Business

– South Africa’s FirstRand, the second-largest lender in Africa, has joined a growing list of continental banks seeking to buy into Kenya’s banking industry. Half of Africa’s top 20 banks are building a multi-billion-shilling war chest for the market. They

South Korea and African partner nations will launch a major economic cooperation framework focused on artificial intelligence and technology-driven development at the 8th Korea-Africa Economic Cooperation Ministerial Conference in Seoul. The upcoming ministerial gathering marks the 20th anniversary of the

South Korea’s consumer prices rose 3.1% in August from a year earlier, official data showed. The increase accelerated from 2.8% in July and returned headline inflation above 3%. The consumer price index reached 120.05, with 2020 set as the base

The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Data released by the Ministry of Trade, Industry and Resources confirmed that

Prime Minister Narendra Modi has praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. He called the performance a “herculean feat” after official data showed continued expansion across major parts of the economy. Modi said

Japanese stocks came under sharp pressure Monday as the Nikkei 225 dropped nearly 2% in early trading. The benchmark fell 1.97% to 65,096.63 and later touched an intraday low of 64,832.10. Technology shares led much of the decline as investors

Indonesia has expanded coordination between its investment and sports ministries to develop investment in the national sports sector. Investment and Downstreaming Minister Rosan Perkasa Roeslani and Youth and Sports Minister Erick Thohir signed a memorandum of understanding on August 28.

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