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Tag: FINANCE

Investment bonds and financial growth concept with modern financial graphics and green color scheme.
Business / Companies

Argentina Awards $5.4 Billion in Bond Offer

June 14, 2025June 14, 2025 - by Sofia Nawab - Leave a Comment

Argentina raised $5.39 billion through a bond offer, attracting nearly 8 trillion pesos in bids. Finance Secretary Pablo Quirno announced plans to use surplus funds from the auction to buy …

Argentina Awards $5.4 Billion in Bond Offer Read More
A tranquil landscape of a copper-gold mining site in Peru with mountains and vibrant earth tones.
Business / Companies

AusQuest Begins Stage 2 Drilling at Cangallo Project in Peru

June 12, 2025June 12, 2025 - by Allegra Nguyen - Leave a Comment

AusQuest Limited has started Stage 2 drilling at Cangallo in Peru, focusing on copper-gold intersections. The program could boost project value and shareholder interest. Results are expected in 6-8 weeks, …

AusQuest Begins Stage 2 Drilling at Cangallo Project in Peru Read More
A sprawling technology facility showcasing advanced electrical equipment and Bitcoin mining machines in an expansive setting.
Business

Hive Digital Technologies Achieves 10 Exahash in Bitcoin Mining Capacity With Paraguay Expansion

June 8, 2025June 8, 2025 - by Marcus Chen - Leave a Comment

Hive Digital Technologies achieves 10 EH/s in Bitcoin mining capacity and targets 18 EH/s by September, largely thanks to the acquisition of Bitfarms facilities in Paraguay. The company’s HPC subsidiary …

Hive Digital Technologies Achieves 10 Exahash in Bitcoin Mining Capacity With Paraguay Expansion Read More
A vibrant landscape of Kenya with a focus on currency notes and coins symbolizing economic stability and growth.
Business / Companies / economics

Kenya’s Forex Reserves Reach Historic High of $10.59 Billion, Driven by Remittances

June 8, 2025June 8, 2025 - by Carmen Mendez - Leave a Comment

Kenya’s foreign exchange reserves have surged to a historic $10.59 billion, boosted by robust remittances and a stable shilling. This increase, reported by the Central Bank of Kenya, represents a …

Kenya’s Forex Reserves Reach Historic High of $10.59 Billion, Driven by Remittances Read More
Dried coffee plants under bright sunlight, reflecting increased prices due to rain shortages.
Business / economics

Lack of Rain in Brazil Boosts Coffee Prices

June 7, 2025June 7, 2025 - by Liam Nguyen - Leave a Comment

Brazil’s drought is driving coffee prices up, causing supply concerns and potential long-term impacts on the market. As rainfall remains scarce, experts warn of difficulties ahead for both producers and …

Lack of Rain in Brazil Boosts Coffee Prices Read More
LNG export project concept with natural gas tanks, wind turbines, and a blue sky, illustrating industrial collaboration and energy.
Business

Eni and YPF Partner on Argentina LNG Project

June 7, 2025June 7, 2025 - by Carmen Mendez - Leave a Comment

Eni and YPF are partnering on a major LNG project aiming for 30 million tons annually by 2030. Analysts expect a 33.86% price upside for YPF, currently holding an ‘Outperform’ …

Eni and YPF Partner on Argentina LNG Project Read More
Abstract digital illustration of fintech system with interconnected circuits and pixels in vibrant colors representing payments.
Business / economics / Technology

Brazil Set to Launch Recurring Payments Feature for Pix on June 16

June 5, 2025June 5, 2025 - by Sofia Nawab - Leave a Comment

Brazil’s central bank will introduce the Pix Automático feature for recurring payments on June 16. Initially expected in 2024, this feature will facilitate one-time consent for ongoing payments. Officials believe …

Brazil Set to Launch Recurring Payments Feature for Pix on June 16 Read More
A luxurious gated home in Shanghai with lush greenery, showcasing traditional German architecture under a clear sky.
Business / economics

China Is Waking Up from Its Property Nightmare

June 2, 2025June 2, 2025 - by Marcus Chen - Leave a Comment

After enduring a significant property crisis, China shows signs of recovery, particularly in major cities like Shanghai. A notable high-end home sale indicates renewed interest, while recent data suggests that …

China Is Waking Up from Its Property Nightmare Read More
A visually striking illustration of a barren bank with piles of cash hoarded outside, in dark tones, symbolizing economic strain.
Business / Companies / economics

Cash-Hoarding Cripples Zimbabwe Banking Sector

May 30, 2025May 30, 2025 - by Carmen Mendez - Leave a Comment

Zimbabwe’s banking sector is facing a serious liquidity crisis as wealthy individuals hoard billions outside the formal system. Dr. Sibongile Moyo of BAZ highlights that much of the country’s wealth …

Cash-Hoarding Cripples Zimbabwe Banking Sector Read More
Abstract representation of a halted pipeline with a focus on industrial elements and dark tones.
Business

Colombia’s Bicentenario Pipeline Stops Pumping After Attack: Operator

May 30, 2025May 30, 2025 - by Sofia Nawab - Leave a Comment

Colombia’s Bicentenario pipeline has ceased operations due to an attack, prompting concerns regarding energy infrastructure safety and investor confidence in the oil sector. Analysts are urging for improved security and …

Colombia’s Bicentenario Pipeline Stops Pumping After Attack: Operator Read More

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