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World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.

World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.

Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating th

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Xpeng (XPEV) Stock: Price Soars 18% on Robot Technology and Record Deliveries

Xpeng (XPEV) Stock: Price Soars 18% on Robot Technology and Record Deliveries

Xpeng XPEV stock jumped 18% to three-year highs on record deliveries and humanoid robot technology. Up 130% YTD, outperforming Chinese EV rivals.TLDRXpeng (XPEV) stock jumped 18% Tuesday to its highest price since July 2022October deliveries hit 42,013 vehicles, up

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China remains our ‘most irreplaceable customer,’ says CEO of US Soybean Export Council

China remains our ‘most irreplaceable customer,’ says CEO of US Soybean Export Council

China remains our “most irreplaceable customer,” said Jim Sutter, chief executive officer of the U.S. Soybean Export Council (USSEC).“We have been in China since 1982. Over the past 43 years, we’ve invested in relationship-building, training and cooperation with the Chin

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Gold on pace for its best year since 1979 — but one analyst thinks prices have peaked

Gold on pace for its best year since 1979 — but one analyst thinks prices have peaked

Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next.Gold is still on pace for its best year since 1979, driven by central bank purchasing and increased in

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Russian cryptocurrency fraudster and wife kidnapped and killed in UAE

Russian cryptocurrency fraudster and wife kidnapped and killed in UAE

A Russian crypto Roman Novak went missing with his wife but the pair were later killed - he had been known for defrauded partners out of thousandsRoman Novak and his wife Anna were killed in the UAE A Russian cryptocurrency fraudster and his wife have been kidnapped and k

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Trump to host his first summit with Central Asian leaders

Trump to host his first summit with Central Asian leaders

US President Donald Trump will host all five Central Asian leaders in Washington on Thursday for the first time, a few months after they held separate summits with Russia’s Vladimir Putin and China’s Xi Jinping.The West has upped its interest with the resource-rich region, w

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Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom

Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom

Oil companies are like a nation — they need everything from everything. If you can set up shop near them, they will buy everything from you,” Kagimu explainedKAMPALA, Uganda — Malaysia’s Honorary Consul in Uganda, AlHaj Habib Kagimu, has urged local

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Russia, China raise share of payments in national currencies to 99.1% — minister

Russia, China raise share of payments in national currencies to 99.1% — minister

Russian Deputy Prime Minister Alexander Novak said earlier that Moscow and Beijing had raised the share of payments in national currencies to 99%Russia and China carry out 99.1% of trade transactions in their national currencies, Russian Finance Minister Anton Siluanov told the

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Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.

Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.

Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling a

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Gold steady amid firmer dollar.

Gold steady amid firmer dollar.

Bengaluru — Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while easing US-China trade tensions also crimped bullion demand.Spot gold was flat at $4,000.65/oz by 5.0

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