December 4, 2023
President Felix Tshisekedi, who once vowed to transform DR Congo into “the Germany of Africa”, has promised to create jobs if he is re-elected. President Felix Tshisekedi, who once vowed to transform DR Congo into “the Germany of Africa”, has promised to create jobs if he is re-elected, after a first term marked by economic
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THE peso recovered on Thursday, but the stock market edged lower as investors took the opportunity to take profits. The currency strengthened by 6 centavos to P55.39 against the dollar, while the benchmark Philippine Stock Exchange index (PSEi) lost 6.98 points, or 0.11 percent, to end the day at 6,246.20. The broader All Shares dipped
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A rebel group with alleged links to neighboring Rwanda claimed Wednesday to have seized a key town in Congo’s conflict-hit eastern region amid intense fighting, raising further security concerns ahead of the country’s Dec. 20 presidential election. Mweso town, which is about 62 miles from the North Kivu provincial capital of Goma, came under the
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A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Find out more about our policy and your choices, including how to opt-out.Sometimes our articles will try to
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THE yuan gained to 7.1612 against the US dollar on Monday, its highest value since mid-August. Analysts said the yuan may see further appreciation in December. On Monday, the central price of the yuan against the US dollar was 7.1612, up 116 basis points, according to a notice published by the China Foreign Exchange Trade
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THE peso gained anew, and the stock market climbed back to the 6,200 level on Tuesday following favorable data from abroad, analysts said. The currency strengthened by 16 centavos to P55.39 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) added 25.20 points, or 0.41 percent, to end the day at 6,208.83. The
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HONG KONG: Asian stocks mostly rose on Monday following small gains on Wall Street as investors grow increasingly optimistic that the Federal Reserve (Fed) has come to the end of its interest rate hiking cycle. After a string of reports pointing to slowing inflation and a cooling jobs market, traders are shifting back into riskier
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THE peso started the week on a positive note, but the stock market ended a three-day rally and fell back below the 6,200 level as investors awaited fresh data. The currency strengthened by 12 centavos to P55.55 against the dollar, while the benchmark Philippine Stock Exchange index (PSEi) sank by 28.26 points, or 0.46 percent,
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Team Australia lived in the present at the Asia Professional Baseball Championship at Tokyo Dome last week. But at a tournament centered around players age 24 and under, the team also used the opportunity to look to the future. That is something especially important for a nation like Australia, which is trying to raise its
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