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Finance News — Kenya

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Indonesia Tightens Oversight of Financial Influencers
Finance

Indonesia Tightens Oversight of Financial Influencers

Indonesia is requiring financial influencers to disclose paid promotions and obtain licenses to recommend assets as Southeast Asia’s largest economy…

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Is this teenage girl North Korea’s next dictator?
Finance

Is this teenage girl North Korea’s next dictator?

Emergence of Kim Jong Un’s daughter at many public events fuels speculation that she is being lined up as a…

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South Korea Delays Single-Stock Weekly Options Days Before Start
Finance

South Korea Delays Single-Stock Weekly Options Days Before Start

South Korea has delayed a plan to launch weekly single-stock options on shares including SK Hynix Inc. and Samsung Electronics…

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Korea’s Surging Equity Volatility Draws Meme-Stock Comparisons
Finance

Korea’s Surging Equity Volatility Draws Meme-Stock Comparisons

The volatility in South Korea’s benchmark equity index has become so extreme that investors and analysts are likening the market’s…

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Reid Hoffman says SpaceX is ‘not an AI company’ and xAI is a ‘complete train wreck’—and there’s room for both OpenAI and Anthropic
Finance

Reid Hoffman says SpaceX is ‘not an AI company’ and xAI is a ‘complete train wreck’—and there’s room for both OpenAI and Anthropic

The LinkedIn co-founder and investor in both Anthropic and OpenAI offers his most pointed public assessment yet of Elon Musk's…

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Paramount’s $110 Billion Warner Deal Faces EU Moviemaker Test
Finance

Paramount’s $110 Billion Warner Deal Faces EU Moviemaker Test

Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. is raising questions over filmmakers’ ability to reach audiences…

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CATL Sees Its Sodium Batteries in at Least 10,000 EVs This Year
Finance

CATL Sees Its Sodium Batteries in at Least 10,000 EVs This Year

Contemporary Amperex Technology Co. Ltd. expects 10,000 to 20,000 electric vehicles to carry its sodium-ion batteries this year, a senior…

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Hedge Funds Look Set to Win Another Exemption From EU ESG Rules
Finance

Hedge Funds Look Set to Win Another Exemption From EU ESG Rules

Hedge funds are set to be excluded from a requirement that would force investment managers in Europe to categorize whether…

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SK Hynix Seeks $29 Billion With New US Listing to Fund AI Boom
Finance

SK Hynix Seeks $29 Billion With New US Listing to Fund AI Boom

SK Hynix Inc. is looking to raise 45.45 trillion won ($29.4 billion) by selling depositary receipts on the Nasdaq exchange.

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Micron Earnings Take on New Gravity With Market on Edge Over AI
Finance

Micron Earnings Take on New Gravity With Market on Edge Over AI

Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months…

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Rheinmetall Tumbles as Germany Said to Shelve Warships Contract
Finance

Rheinmetall Tumbles as Germany Said to Shelve Warships Contract

Rheinmetall AG shares fell the most in a year on concern the defense firm will come under pressure as Germany…

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US Diesel Prices Fall Under $5, Easing Key Inflationary Pressure
Finance

US Diesel Prices Fall Under $5, Easing Key Inflationary Pressure

The cost of diesel in the US dipped below $5 a gallon for the first time since mid-March, offering relief…

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