Select Page

News & Events

Stay up to date on all our exciting new events and view past webinars and podcasts with instant playback.

Stocks edge up to record, gilt yields surge on finance minister uncertainty

Stocks edge up to record, gilt yields surge on finance minister uncertainty

Global stocks gained on Wednesday following a surprisingly soft reading on the U.S. labour market, which fueled hopes of a potential pivot by the Federal Reserve.

The ADP National Employment Report showed private payrolls dropped by 33,000 jobs in June, well below the expected 95,000 increase, after a downwardly revised 29,000 increase in May. This weaker-than-anticipated data raised expectations that the Fed may slow the pace of interest rate hikes.

On Wall Street, the S&P 500 and Nasdaq Composite indices climbed, with Tesla shares bouncing back 4.7% after a 5.3% drop the previous day. The Dow Jones Industrial Average, however, dipped slightly. Globally, MSCI’s all-country world index hit an intraday record high, while the pan-European STOXX 600 index also closed higher, led by gains in renewable energy and luxury stocks.

In the UK, government bond yields surged, with the 10-year gilt yield jumping 16.8 basis points to 4.621%, amid growing speculation about the future of the country’s finance minister. The British pound tumbled 0.84% against the U.S. dollar.

The dollar index, which measures the greenback against a basket of currencies, rose 0.19%, snapping a nine-day losing streak, as the euro slipped 0.1% against the dollar.

Investors were also monitoring developments on the trade front, with President Trump announcing a new deal with Vietnam, which could help alleviate some trade-related uncertainty.

Oil prices also rose, with U.S. crude jumping 3.09% to $67.48 per barrel and Brent crude surging 2.98% to $69.10 per barrel, as Iran suspended cooperation with the U.N. nuclear watchdog.

Read the original article here: https://www.msn.com/en-us/money/markets/stocks-edge-up-to-record-gilt-yields-surge-on-finance-minister-uncertainty/ar-AA1HQK3y?ocid=BingNewsVerp

IGS 2025: St. Kitts and Nevis sets the global standard for sustainable investment and innovation

IGS 2025: St. Kitts and Nevis sets the global standard for sustainable investment and innovation

The second edition of the Investment Gateway Summit (IGS) 2025 in St. Kitts and Nevis has concluded with resounding success, reaffirming the nation’s bold vision to become the world’s first sustainable island state.

Under the theme “Investment to Impact: Our Journey to a Sustainable Island State,” the event brought together regional leaders, global investors, economic citizens, and other stakeholders to explore responsible investment, enhanced due diligence, digital innovation, and global partnerships.

In his keynote address, Prime Minister Hon. Dr Terrance Drew emphasised that St. Kitts and Nevis remains a trailblazer in the global Citizenship by Investment (CBI) landscape, framing investment as a collaborative tool for national transformation.

Delegates had the opportunity to tour major developments funded through the CBI program, which have played a crucial role in expanding tourism and infrastructure on both islands. IGS 2025 served as a platform to spotlight the country’s diversified investment strategies in renewable energy, digital services, and agriculture, central to achieving the government’s sustainability goals.

Read the original article here: https://dohanews.co/igs-2025-st-kitts-and-nevis-sets-the-global-standard-for-sustainable-investment-and-innovation/

India, Ghana ink key pacts during PM Modi’s visit, aim to double trade in 5 years

India, Ghana ink key pacts during PM Modi’s visit, aim to double trade in 5 years

India and Ghana have elevated their relationship to a comprehensive partnership during Prime Minister Narendra Modi’s historic visit to the West African nation – the first such visit by an Indian Prime Minister in 30 years.

During his meeting with Ghanaian President John Dramani Mahama, PM Modi reaffirmed India’s commitment to acting as a “co-traveller” in Ghana’s development journey. The two leaders agreed to double trade between their countries over the next five years, strengthen defence ties, and enhance cooperation in areas such as digital payments, healthcare, culture, and critical minerals.

The visit saw the signing of four key Memorandums of Understanding (MoUs), covering cultural exchange, product standards and certification, traditional medicine, and the establishment of a Joint Commission for high-level talks.

The leaders also discussed global and regional challenges, including terrorism, and agreed to strengthen cooperation in the fight against this common threat. India pledged to support Ghana through defence training programs and equipment, as well as assistance in boosting the country’s agriculture sector and ambitions to become a regional vaccine production hub.

PM Modi was also conferred with ‘The Officer of the Order of the Star of Ghana’, the country’s national honour, in recognition of his “distinguished statesmanship and influential global leadership.”

Read the original article here: https://www.msn.com/en-in/news/India/india-ghana-ink-key-pacts-during-pm-modi-s-visit-aim-to-double-trade-in-5-years/ar-AA1HRyyz?ocid=BingNewsVerp

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

Empowering Tomorrow: MSMEs and Sustainable Development in The Gambia

Empowering Tomorrow: MSMEs and Sustainable Development in The Gambia

The Commonwealth Chamber of Commerce wishes to invite you to an all-new webinar on the trends and developments taking shape in the business ecosystem of The Gambia, centring on the critical role of MSMEs (Micro, small and medium sized enterprises) for the sustainable economic development of the nation and the role of the Commonwealth in fulfilling this objective.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.