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Kenya’s Ruto vows $38b in investments to transform economy

Kenyan president William Ruto vowed Thursday to attract $38 billion in investment to transform the economy and change the narrative after mass protests, but it met scepticism from economists and rights groups. Ruto took power in 2022 promising sweeping economic improvements to Kenya’s youth...

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Singapore growth forecast surges on AI demand

Singapore lifted its economic growth forecast for 2025 on Friday, buoyed by a stronger third quarter as a surge in demand for AI-related goods powered exports and global trade steadied.

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US jobless rate goes up in September

US jobless rate crept up in September although hiring exceeded analyst expectations, according to a delayed employment report published Thursday after a record-long government shutdown.

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Trump tariff hikes hit US Aug imports

President Donald Trump’s tariff hikes on dozens of trading partners hit US imports in August, according to a Wednesday report delayed by a record government shutdown that ended last week...

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UK annual inflation slows ahead of key budget

Britain’s annual inflation rate slowed in October, official data showed Wednesday, providing some relief to the struggling Labour government one week before unveiling its latest budget...

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Shrimp sector eyes $5 billion next year

Director (deputy secretary) of the Export Promotion Bureau Zinat Ara Ahmed said on Tuesday that with government support and the removal of existing barriers, the country’s shrimp sector could earn $5 billion in foreign exchange in the coming years.