Funding & Business

Gold Steadies as Trump’s Tariff Demands Offset Stronger Dollar

Published

6 hours ago

July 7, 2025

Gold steadied after reversing losses in the previous session when President Donald Trump began informing a suite of nations of their latest tariff rates, with concerns about a growing US-led trade war bolstering haven demand.

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Funding & Business

Stuurman: Trump's Tariffs Impact Won’t Be Easily Undone

Published

41 minutes ago

July 8, 2025

The Editors

As President Trump’s reciprocal tariff deadline looms, its impact is still unknown in Africa, as no country has finalized a trade deal with the US. Ziyanda Stuurman, Advisor at Africa Practice spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the impact of tariffs. (Source: Bloomberg)

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Funding & Business

Stonepeak Is Said in Talks to Invest in Warburg-Backed Princeton

Published

4 hours ago

July 8, 2025

Manuel Baigorri, Vinicy Chan, Pei Li

Stonepeak Partners is in talks to invest in data center operator Princeton Digital Group, people familiar with the matter said, as the US infrastructure investor seeks to build up its presence in Asia Pacific.

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Funding & Business

China’s Huayou Cobalt Sees Record Profit Boosted by Indonesia

Published

4 hours ago

July 8, 2025

Annie Lee

China’s Zhejiang Huayou Cobalt Co. Ltd expects to report record half-year earnings, as it ramps up nickel projects in Indonesia and enjoys the tailwind from rising cobalt prices.

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