Business

Sri Lanka Central Bank: Inflation to Come Down

Nandalal Weerasinghe, Governor at the Central Bank of Sri Lanka, says inflation will slow back toward the central bank’s target of 5% over the second half of this year and into next year. He speaks with Haidi Stroud-Watts and Paul Allen on…

CBN boosts FX interventions to $953m as demand rebounds

CBN boosts FX interventions to $953m as demand rebounds

The Central Bank of Nigeria significantly boosted its FX interventions to $953m in March 2026, responding to increased demand and supporting market liquidi Read More…

CIBN tasks banks on deeper MSME lending as yields decline

CIBN tasks banks on deeper MSME lending as yields decline

The CIBN tasks Nigerian banks to deepen MSME lending as government securities yields decline, ensuring sustained profitability and economic growth. Read More: https://punchng.com/cibn-tasks-banks-on-deeper-msme-lending-as-yields-decline/

Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations

CNBC

Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations

1%, against estimates of 2%.

CNBC

Alphabet Hires Banks for Inaugural Aussie Dollar Bond Sale

Alphabet Inc. hired banks for what would be a debut offering of Australian dollar bonds, as US tech firms flood credit markets with debt to fund investments in AI.

After Hormuz, China looks to the promise – and peril – of the Arctic’s ‘ice silk road’

The Guardian

After Hormuz, China looks to the promise – and peril – of the Arctic’s ‘ice silk road’

China has established the first scheduled transit through the northern sea route, but questions remain over the environmental and political risks When Marco Rubio suggested that the world should look to new shipping lanes to bypass the…

The Guardian

Thai Baht Rally May Fade on Dovish Central Bank, Analysts Say

A nascent rally in the Thai baht may be short-lived as the central bank is likely to maintain a dovish policy stance to support an economy hit by elevated oil prices, according to analysts.

Polaris Bank boss urges youths to pursue high-impact careers

Polaris Bank boss urges youths to pursue high-impact careers

Polaris Bank’s CEO encourages Nigerian youth to pursue high-impact careers in tech, banking, and entrepreneurship for future economic growth. Discover more Read More…

NGX weekly trading volume surges 127% to N176bn

NGX weekly trading volume surges 127% to N176bn

Nigeria’s stock market saw NGX trading volume surge 127% to N176bn last week, driven by financial services. Discover key sectors and market movements. Read More: https://punchng.com/ngx-weekly-trading-volume-surges-127-to-n176bn/

Japanese Idol App Firm Collapses Amid Wave of Bankruptcies

A Japanese company known for a game app based around virtual teen idols filed for bankruptcy, the latest in a wave of corporate failures that climbed to the most in 12 years as inflation and worker shortages hit weaker firms.

BusinessAug 16, 2026 · 1 min

Gold Steady Near $4,400 as Traders Weigh US Data and Rate Path

Gold was steady as traders weighed the competing impacts of cooling US economic data and energy-led inflation pressure on the Federal Reserve’s interest-rate path.