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Chinese firms chase Africa’s consumers as resource investments plunge 40%

Chinese firms chase Africa’s consumers as resource investments plunge 40%

A picture taken on December 8, 2014 in Abidjan shows a Chinese shoe dealer in a transaction at Adjamene’s market. Sia Kambou | Afp | Getty Images Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa’s faster-growing economies, such as Kenya,…

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Singapore inflation climbs for second straight month as October CPI tops estimates

Singapore inflation climbs for second straight month as October CPI tops estimates

Restaurants and bars in the Boat Quay district in Singapore, on Wednesday, May 17, 2023. Bloomberg | Bloomberg | Getty Images Singapore’s inflation rate climbed for a second straight month, year on year, with price growth in October topping analysts’ expectations. After hitting a four-year low in August, consumer prices rose 1.2%, compared with the…

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UK leader suggests former Prince Andrew should testify in Epstein investigation

UK leader suggests former Prince Andrew should testify in Epstein investigation

LONDON — Pressure is increasing for the former Prince Andrew to give evidence to a U.S. congressional committee investigating the convicted sex offender Jeffrey Epstein after Britain’s prime minister suggested he should testify. Keir Starmer declined to comment directly about King Charles III’s disgraced younger brother, but told reporters traveling with him for the Group…

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