Bloomberg

Eskom Holdings SOC Ltd.’s non-guaranteed bonds are seeing their risk premium drop to the lowest level since their issuance in 2018. This reflects growing investor confidence in the utility's turnaround efforts, fueled by a focus on returning to profitability and reducing debt.

Cocoa futures hit a new record in New York, climbing 5.5% to $11,925 per ton on Monday, surpassing the previous high of $11,722 set in April. This surge reflects growing supply concerns as the crop outlook for West Africa, a key cocoa-producing region, worsens.

Novo Nordisk A/S, the maker of Ozempic, is investing 8.5 billion kroner ($1.2 billion) to construct a large factory in Denmark to address rising demand for its popular drugs.

Mozambique's economy is under severe strain as escalating election protests transform into a broader revolt with regional repercussions.

China's deflationary spiral continues, with prices falling for six consecutive quarters, nearing a record streak last seen during the late 1990s Asian Financial Crisis.

Resource nationalism is no longer exclusive to military juntas, as democracies like Botswana, Senegal, and Zambia are also pushing for improved terms in resource deals.

Cyril Han, currently the President and CFO of Ant Group Co., will assume the role of CEO on March 1, 2025, as the company seeks to rejuvenate growth following a regulatory crackdown. Han will succeed Eric Jing, who will remain as chairman, while Han will oversee all business operations and daily management.

China plans to boost domestic manufacturing by giving locally made products a price advantage in government procurement processes. According to a draft rule by the Ministry of Finance, products made in China will be considered at prices 20% lower than their actual sales figures compared to foreign-made goods.

South Africa clarified there are no plans to establish a BRICS currency, despite speculation and misreporting. Instead, discussions within the bloc focus on facilitating trade using members' national currencies.

China's central bank governor, Pan Gongsheng, reaffirmed plans to maintain an accommodative monetary policy in 2025 to counter economic challenges, including a potential trade war with the US under Donald Trump’s second term.

Andre Agassi, despite chronic back pain and a noticeable limp, recently showcased his skills on a pickleball court in Sydney, receiving applause and engaging in playful trash talk.

President-elect Donald Trump announced plans for additional tariffs on China, Canada, and Mexico, marking his first concrete move to address global trade since his election victory.