South Africa's Reserve Bank plans to eliminate the prime interest rate, transitioning to repo rate loans and adopting ZARONIA, improving transparency in lending.
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EU chief plunged into controversy over top job pick
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Eastern Cape has the highest unemployment rate in South Africa, netizens disappointed
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Private sector hiring in US cools more than expected: ADP
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Fly larvae: Costa Rica's sustainable protein for animal feed
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Thailand orders close watch on cheap 'elephant pant' imports
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Polish farmers keep German border crossing blocked
Polish farmers blocked a major highway into Germany on Monday, carrying their protest against EU regulations and "uncontrolled" Ukrainian grain imports into its second day. "We also do not accept the uncontrolled import of grain from outside of the EU," Janicki said.
Tractors throng Brussels as ministers meet on farm rules
Hundreds of tractors thronged streets around the EU's headquarters in Brussels on Monday as ministers met to seek ways to streamline farming rules and red tape fueling protests around the bloc.
Hotels, flights booked out as 'Swift effect' hits Singapore
The "Swift effect" is about to hit Southeast Asia but Singapore has left some of its neighbours seeing red while it profits from a Taylor-made tourism boom as the star's only stop in the region. - Red carpet - However, not everyone was happy when Swift's only Southeast Asia stop was announced, including fans and governments in some of Singapore's neighbours.
Disney and India's Reliance agree merger: Bloomberg
India's Reliance Industries has signed a "binding pact" for a merger deal with Walt Disney's local unit, Bloomberg News reported Monday, a major shakeup for the country's multi-billion dollar entertainment industry.
Asian markets mostly lower on profit-taking after tech surge
Asian markets were mostly lower Monday, although Tokyo's key Nikkei index hit fresh all-time highs after two of the three main US indices closed at records. Tokyo's Nikkei index was up 0.5 percent, pushing further past the December 1989 record it smashed on Friday.
WTO convenes ministers in UAE with slim hopes for breakthrough
The world's trade ministers gathered in the UAE on Monday for a high-level WTO meeting with no clear prospects for breakthroughs, amid geopolitical tensions and disagreements. Adding to the challenges for those gathering in the UAE, is the ongoing war in Gaza and related attacks by Yemeni rebels on ships in the Red Sea, a campaign that has disrupted global maritime trade.
IMF says Argentine austerity should not hurt the poor
The International Monetary Fund has urged the government of Argentine President Javier Milei to shield the poor as he pursues harsh austerity measures to cut government spending, according to an interview published Sunday. Since taking office in December, the libertarian Milei has devalued the peso by over 50 percent, cut tens of thousands of public jobs and halved the size of the government.
Biden or Trump, hawkish economic approach on China to intensify
In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards China has become more targeted under President Joe Biden -- though still hardline.
US-China economic flashpoints at a glance
From a trade imbalance to technological competition, a host of economic flashpoints are boosting tensions between Washington and Beijing -- and these are among areas in which both Republicans and Democrats can agree.
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