Senegal’s Bonds Sink as Investors Weigh Opposition’s Electoral Momentum

Finance News

Senegal’s bonds have experienced a decline as investors consider the electoral momentum of the opposition. HSBC's top tech banker, Winston Cheng, has left the bank to join a tech firm. Apple, Google, and Meta are being investigated by the EU in a test of the new digital law. China is avoiding foreign chips and servers for government PCs. Nigeria has announced charges against Binance after one of its executives fled. Telegram will be blocked in Spain due to a court order in a content probe. Asian shares are expected to have a mixed performance ahead of a busy data week. Fed Chair Jerome Powell is prepared to support the job market, even if it means enduring inflation. Africa's largest wireless carrier, MTN, has seen an increase in fintech volumes. Private equity deals in Japan have risen in an otherwise gloomy year for Asia. Mohamed A. El-Erian highlights four ways in which the U.S. Federal Reserve is failing. The remote working trend is benefiting college towns like Knoxville. The U.S. economy is facing a challenging situation.