Nigerian stocks overtake South Korea to become the world’s best-performing equity market in dollar terms
Nigeria’s stock market has emerged as the world’s best-performing equity market in dollar terms this year, overtaking South Korea as investors reward the country’s improving macroeconomic outlook and ongoing economic reforms.
Stock market gains propel world’s millionaires to 58 million individuals
Nearly one million people became millionaires in 2025, largely thanks to a thriving stock market, according to a new report by UBS.
Global stocks head for best week since May
Global stocks headed towards their best weekly performance in two months on Friday after a lukewarm U.S. jobs report dampened expectations for an imminent rate hike from the Federal Reserve, which restrained the dollar and gave gold a boost.
Congo plans first stock exchange as AI mineral boom draws interest
The Democratic Republic of Congo is developing plans for its first stock exchange, with the Kinshasa bourse potentially operational as early as next year, said Bloomberg News.
JSE heads for worst quarter since 2024 as miners tumble
The precious-metals miners that propelled South African stocks to a record have become a millstone, dragging the benchmark index toward its worst quarterly slump in more than two years.
Investors cheer at US-Iran truce
President Trump’s announcement of an Iran deal including a full reopening of the Strait of Hormuz was met with excitement from investors.
Stocks near record high as crude oil drops on Iran
Global stocks climbed to approach a record high as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened.
Ceasefire relief: What the US-Iran truce means for oil, equities and currencies
A fragile US-Iran truce has sparked a sharp market relief rally, but six weeks of conflict damage means full recovery remains uncertain.
Iran war wipes out $100 billion from luxury stocks
Shares of LVMH and Hermès are down roughly 16% and 20%, respectively, this month, while the S&P 500 has fallen less than 6%. Shares of Ferrari are also down 15%, and the company announced it would temporarily suspend deliveries to the Middle East.