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Global Chip Stocks Slide as China’s CXMT Advances and Investors Reassess AI Boom
Global technology stocks fell on Tuesday as investors extended a sell-off in artificial intelligence-related shares, weighing the competitive implications of advances by China’s memory...
Banking Regulators Intensify AI Risk Checks as Cyberattacks Threaten Financial Stability
Banking regulators in the United States and Europe are intensifying scrutiny of artificial intelligence risks, questioning lenders about autonomous AI agents, foreign-developed models, and...
Visa Wins Approval to Enter China’s Domestic Payments Market as Beijing Signals Openness to...
Visa has secured approval from the People’s Bank of China (PBOC) to establish a bank card clearing business in mainland China, marking a significant...
IMF Raises Nigeria’s 2026 Growth Forecast to 4.2%, Warns Rising Food and Energy Costs...
The International Monetary Fund has raised Nigeria’s economic growth forecast for 2026 to 4.2%, citing improved macroeconomic stability and favorable terms of trade, but...
OPay’s Profit Quadruples to $91m as Lending Outpaces Payments, but Credit Losses Raise IPO...
OPay Limited more than quadrupled its profit after tax in the first half of 2026, as rapid lending growth lifted revenue by 136.5%. But...