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25/09/2025
Popular Chinese concept stocks continue to increase, with the Nasdaq Golden Dragon Index now rising by over 4%. Alibaba and Baidu are up over 10%, JD.com is up over 7%, Wanguo Data is up 14%, and Daquan New Energy is up 13%.
Latest
3 m ago
The Italian Audit Court has sent a six-page document to Prime Minister Meloni's government, requesting more information on the plan to build a bridge costing 13.5 billion euros. The bridge will connect Sicily to mainland Italy.
6 m ago
US Secretary of Agriculture, Rollins: Announcement on farmer assistance will be released soon.
9 m ago
Citigroup Group stated that with the gradual interest rate cuts by the Central Bank of Nigeria and the decline in oil prices, the naira may face moderate pressure next year after stabilizing in 2025. Citigroup's African economist David Cowan said that by mid-next year, the currency of Africa's largest oil-producing country could depreciate to a range of 1,650 to 1,700 naira to the US dollar. The Central Bank of Nigeria lowered its key interest rate by 50 basis points to 27% on Tuesday, marking the first rate cut in five years and signaling the beginning of a loosening cycle after inflation fell to nearly a year low of 20.1% in August. Cowan said that the depreciation of the naira may first start with outflows of portfolio funds. He said that Citigroup traders estimate that about $9 billion of these funds currently flowing into the Nigerian market.
9 m ago
Citigroup: The Nigerian naira may face moderate pressure next year after stabilizing in 2025.
11 m ago
Brazilian Central Bank: As of September 19, the net outflow of funds from Brazil for the month amounted to 5.45 billion US dollars.
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