Samuel Nwite
AUTHOR: Samuel Nwite
Turkey’s $18 Billion Fund Liquidation Draws Nearly 500,000 Investors Into Market Crisis
Turkey’s latest stock-market turmoil has drawn nearly half a million individual investors into a regulatory intervention involving more than $18 billion of investment-fund assets,...
Microsoft Announces New Round of Job Cuts, Affecting 500 Roles
Microsoft is cutting another 500 jobs, with most of the reductions coming from Xbox, as the company pushes deeper into a restructuring of its...
CBN’s 350bp Rate Reset Reshapes Nigeria’s Monetary Policy With Mixed Expectations
The Central Bank of Nigeria has delivered its biggest interest-rate reduction in nearly two decades, cutting the Monetary Policy Rate by 350 basis points...
China Leans on Banks To Shield Vanke From Default As Property Crisis Deepens
Chinese financial regulators have asked some banks not to classify overdue loans to China Vanke as non-performing and to extend repayment deadlines for the...
Meta’s Muse AI Quietly Used Human Contractors to Make Calls, Raising Privacy Questions
Meta's new personal AI assistant Muse has been testing a “human concierge” system in which contractors quietly place some phone calls on behalf of...