Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil extended declines on Friday as investors monitored developments in the Middle East conflict while assessing whether recent diplomatic efforts would reduce the risk of supply chain disruptions. International benchmark Brent crude futures for August…
SpaceX is expected to debut on the United States’ public markets on Friday in what will be the largest initial public offering (IPOs). Artificial intelligence (AI) giants OpenAI and Anthropic are also widely expected to go public soon, and thanks to a new rule change by tech stock exchange Nasdaq, individual investors could own stock…
Sharmout, a traditional Sudanese dried meat, is already popular among Sudanese communities abroad where it is transported and sold through the ‘suitcase trade.’ The challenge now is turning an informal trade into a formal industry. Across Sudan, generations have grown up with sharmout, a traditional Sudanese dried beef prepared by sun-drying strips of meat. Long…
International Relations and Cooperation Minister Ronald Lamola says Africa must urgently accelerate regional integration and intra-African trade to shield the continent from external economic shocks and geopolitical instability. Delivering the 2026/27 Budget Vote for the Department of International Relations and Cooperation (DIRCO) in Parliament on Tuesday, Lamola said South Africa’s foreign policy remains firmly centred…
Agricultural experts, lenders and corporate executives are calling for increased investment in rural logistics and transport systems across Africa, warning that weak infrastructure is preventing millions of smallholder farmers from accessing profitable markets despite gains in farm productivity. Speaking during the 2026 Africa CEO Forum 2026 in Kigali, panelists said post-harvest losses, inadequate cold storage,…
Pedestrians at Pitt Street Mall in Sydney, Australia, on Thursday, July 24, 2025. Brendon Thorne | Bloomberg | Getty Images Markets in Australia and Japan rose Friday, mirroring gains on Wall Street that saw both the S&P 500 and Nasdaq Composite reach new highs. This comes as investors took in strong earnings from Apple and…
As global energy markets remain volatile and the price of oil high due to instability and conflict in the Middle East, more countries are looking at investing in renewables to shield their economies from the shocks caused by fossil fuel reliance, rein in import bills – and meet key climate action targets. Unlike oil and…
Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on March 13, 2026. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets were mostly higher Monday, as investors continue to keep a cautious eye…
Asia-Pacific markets track overnight gains in U.S. stocks on lower oil prices amid hopes of a Iran-U.S. deal
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on July 28, 2025. CFOTO | Future Publishing | Getty Images Asia-Pacific markets opened mostly higher Tuesday, amid hopes that a deal between Washington and Tehran was still possible even as the U.S. blockades Iranian shipments…
