Afternoon Update: RBA hikes cash rate for second straight month; Trump seeks to delay China summit amid Iran war; and the 6.30pm rule
The Reserve Bank of Australia has raised its cash rate target to 4.1%, indicating potential for further increases amidst rising household pressures linked to oil prices.
Lavigne: 'There are sectors that create jobs and others that destroy them, these are issues of capitalism'
During the annual summit of the Inter-American Development Bank (IDB) in Paraguay, Pablo Lavigne discussed challenges related to job creation and destruction in Argentina amid the implementation of the Mercosur-EU agreement.
Caputo sends a delegation to the IDB summit in Paraguay, in search of financing
Argentine Economy Minister Luis Caputo is leading a delegation to the Inter-American Development Bank summit in Asunción, Paraguay, to secure development financing for the country.
Africa: Aamfi Appoints Dr. Corneille Karekezi As Chairperson As the Alliance Welcomes New Members - West African Development Bank and Regional Maritime Development Bank
The Alliance of African Multilateral Financial Institutions has appointed Dr. Corneille Karekezi as its new Chairperson during a significant meeting at the African Union Summit.
Africa: 39th African Union Summit - With His Four Cardinal Points, the African Development Bank Plans to Accelerate Agenda 2063
The African Development Bank, led by President Dr Sidi Ould Tah, will promote its strategic vision at the 39th African Union Summit to enhance Africa's growth and development efforts.
Exclusive ECB, the digital euro, research, and other urgencies indicated by Lagarde for the EU summit
The European Central Bank (ECB) is highlighting the digital euro and further research as key priorities for the upcoming EU summit, according to a leaked document.
Summit Bank hits N15.3bn capital base
Summit Bank has reached a regulatory capital base of N15.3 billion, surpassing the Central Bank of Nigeria's minimum requirement for regional non-interest banks and ensuring its growth ahead of the 2026 recapitalization deadline.
Africa Energy Bank plans $10bn funding for Nigeria, others
The newly established African Energy Bank is set to mobilize $10 billion to support energy projects in Nigeria and across Africa, as announced during the 9th Nigeria International Energy Summit 2026.
Between the US and Israel, the West Bank issue. Trump: "An escalation would be harmful"
New details emerge from the Mar-a-Lago summit between President Trump and Israeli Prime Minister Netanyahu, where Trump urged a review of policies in the West Bank.