Samuel Nwite
AUTHOR: Samuel Nwite
U.S. Economy Roars with 4.3% Q3 Growth, Far Exceeding Forecasts in Delayed Report
The U.S. economy expanded at a robust 4.3% annualized pace in the third quarter (July-September), significantly outpacing economists' expectations of 3.2%, according to the...
Citadel to Return $5bn in 2025 Profits to Investors, Trimming Assets to $67bn Amid...
Citadel, the multistrategy hedge fund powerhouse founded by billionaire Ken Griffin in 1990, is set to distribute approximately $5 billion in profits earned during...
Japan Signals Readiness to Step Into FX Markets as Yen Slides After BOJ Rate...
Japanese authorities on Monday intensified their warnings over renewed yen weakness, saying they were prepared to take “appropriate” action against excessive and speculative foreign...
China Holds Benchmark Lending Rates Steady for Seventh Straight Month
China's central bank, the People's Bank of China (PBOC), opted to keep its benchmark lending rates unchanged for a seventh consecutive month on Monday,...
CNOOC brings new South China Sea offshore Oil project on stream, targets 18,000 bpd...
China’s leading offshore oil producer, CNOOC Ltd, has brought a new offshore oil development into production in the South China Sea, adding incremental supply...