World PulseNow
Newsletter

Congo President Defends Cobalt Quota in Bid to Control Price

Bloomberg•Tuesday, September 23, 2025 at 1:38:44 AM
PositiveFinancial Markets
Congo President Defends Cobalt Quota in Bid to Control Price
Congo's President Felix Tshisekedi is standing firm on his decision to impose a quota on cobalt exports, aiming to boost the nation's profits from this vital resource. This move is significant as it positions the Democratic Republic of Congo to take greater control over the cobalt market, which is essential for various industries, especially in technology and electric vehicles. By prioritizing national interests, Tshisekedi hopes to ensure that Congo benefits more from its rich mineral resources.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Australia business activity growth slows in Sept as tariffs hit exports - PMI
Investing.com5 hours ago
Australia business activity growth slows in Sept as tariffs hit exports - PMI
NegativeFinancial Markets
In September, Australia's business activity growth experienced a slowdown, primarily due to the impact of tariffs on exports. This decline is significant as it reflects broader economic challenges that could affect future growth and stability in the region. Understanding these trends is crucial for businesses and policymakers alike, as they navigate the complexities of international trade and economic performance.
Read full article
via Investing.com
Colombia stocks higher at close of trade; COLCAP up 0.72%
Investing.com7 hours ago
Colombia stocks higher at close of trade; COLCAP up 0.72%
PositiveFinancial Markets
Colombia's stock market closed on a high note, with the COLCAP index rising by 0.72%. This positive movement reflects investor confidence and a robust economic outlook, which is crucial for attracting foreign investment and boosting local businesses.
Read full article
via Investing.com
Eucatex Q2 2025 presentation: exports drive 13.8% revenue growth, margins expand
Investing.com8 hours ago
Eucatex Q2 2025 presentation: exports drive 13.8% revenue growth, margins expand
PositiveFinancial Markets
Eucatex's recent Q2 2025 presentation revealed a remarkable 13.8% growth in revenue, primarily driven by a surge in exports. This growth is significant as it not only highlights the company's strong market position but also indicates a positive trend in the global demand for their products. The expansion of margins further underscores Eucatex's effective cost management and operational efficiency, making it a noteworthy player in the industry.
Read full article
via Investing.com
Oil dips as Iraq exports rise amid demand concerns
Investing.com9 hours ago
Oil dips as Iraq exports rise amid demand concerns
NegativeFinancial Markets
Oil prices have dipped recently as Iraq increases its exports, raising concerns about demand in the global market. This shift is significant as it could impact the balance of supply and demand, potentially leading to lower prices for consumers but also affecting economies reliant on oil revenues. Keeping an eye on these developments is crucial for understanding future market trends.
Read full article
via Investing.com
ECB’s Nagel Plays Down Fears That Strong Euro Will Hurt Exports
Bloomberg13 hours ago
ECB’s Nagel Plays Down Fears That Strong Euro Will Hurt Exports
NeutralFinancial Markets
Joachim Nagel, a member of the European Central Bank's Governing Council, has addressed concerns regarding the strong euro and its potential impact on exports. He reassured that the euro's appreciation is not likely to significantly harm exporters by reducing their competitiveness. This perspective is important as it helps to stabilize market expectations and supports the overall economic outlook in Europe.
Read full article
via Bloomberg
Greece stocks higher at close of trade; Athens General Composite up 0.60%
Investing.com14 hours ago
Greece stocks higher at close of trade; Athens General Composite up 0.60%
PositiveFinancial Markets
Greece's stock market closed on a high note, with the Athens General Composite index rising by 0.60%. This positive trend reflects growing investor confidence and could signal a strengthening economy, making it an important development for both local and international investors.
Read full article
via Investing.com
Brazil’s chicken meat exports to EU to resume
Investing.com15 hours ago
Brazil’s chicken meat exports to EU to resume
PositiveFinancial Markets
Brazil's chicken meat exports to the European Union are set to resume, marking a significant development for the country's agricultural sector. This resumption is crucial as it not only boosts Brazil's economy but also strengthens trade relations with the EU, providing consumers with more options and potentially lower prices. The decision reflects confidence in Brazil's food safety standards and opens new opportunities for Brazilian farmers.
Read full article
via Investing.com
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63%
Investing.com16 hours ago
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63%
PositiveFinancial Markets
Saudi Arabia's stock market showed a positive trend as the Tadawul All Share index rose by 0.63% at the close of trade. This increase reflects growing investor confidence and could indicate a strengthening economy, making it an important development for both local and international investors.
Read full article
via Investing.com
Tariff easing is coming no earlier than Trump’s visit to China in early 2026
Investing.com17 hours ago
Tariff easing is coming no earlier than Trump’s visit to China in early 2026
NeutralFinancial Markets
The easing of tariffs is not expected to occur until after Trump's visit to China in early 2026. This timeline is significant as it highlights the ongoing complexities in U.S.-China trade relations, which have been a focal point for both economies. Understanding when these tariffs might be lifted can help businesses and investors plan for the future, as tariffs impact pricing and market dynamics.
Read full article
via Investing.com
Ecora shares climb as Congo lifts cobalt ban, Phalaborwa tests advance
Investing.com19 hours ago
Ecora shares climb as Congo lifts cobalt ban, Phalaborwa tests advance
PositiveFinancial Markets
Ecora's shares have surged following the Democratic Republic of Congo's decision to lift a ban on cobalt exports, a crucial move for the global supply chain of this essential mineral. This development is significant as it not only boosts Ecora's market position but also signals a potential increase in cobalt availability, which is vital for electric vehicle batteries and renewable energy technologies.
Read full article
via Investing.com
Kazakhstan Plans up to $2 Billion Yuan Bonds to Grow China Ties
Bloomberg21 hours ago
Kazakhstan Plans up to $2 Billion Yuan Bonds to Grow China Ties
PositiveFinancial Markets
Kazakhstan is set to issue up to $2 billion in renminbi bonds this year, aiming to strengthen its economic ties with China. This move highlights Kazakhstan's commitment to enhancing trade and investment relations, which could lead to significant economic growth and opportunities for both nations. As global markets evolve, fostering strong partnerships is crucial for regional stability and prosperity.
Read full article
via Bloomberg
Australia stocks higher at close of trade; S&P/ASX 200 up 0.43%
Investing.coma day ago
Australia stocks higher at close of trade; S&P/ASX 200 up 0.43%
PositiveFinancial Markets
Australia's stock market closed on a high note, with the S&P/ASX 200 index rising by 0.43%. This uptick reflects positive investor sentiment and could indicate a strengthening economy, which is crucial for both local businesses and international investors looking for opportunities in the region.
Read full article
via Investing.com
Latest from Financial Markets
KKR holds first Asia board meeting in Tokyo, as Japan leads firm's regional growth
Investing.coman hour ago
KKR holds first Asia board meeting in Tokyo, as Japan leads firm's regional growth
PositiveFinancial Markets
KKR recently held its first Asia board meeting in Tokyo, highlighting Japan's pivotal role in the firm's regional growth strategy. This meeting signifies KKR's commitment to expanding its influence in Asia, particularly in Japan, which has become a key market for investment opportunities. The focus on Japan not only reflects the country's economic potential but also KKR's confidence in the region's future, making this a significant step for both the firm and the local economy.
Read full article
via Investing.com
How Norway Adopted New Tech in Its Hunt for ‘Missing’ Oil
The New York Timesan hour ago
How Norway Adopted New Tech in Its Hunt for ‘Missing’ Oil
PositiveFinancial Markets
Norway is making strides in its oil exploration efforts by adopting innovative technologies aimed at locating 'missing' oil reserves. This shift not only enhances the efficiency of oil extraction but also aligns with the country's commitment to sustainable energy practices. By leveraging advanced tech, Norway is positioning itself as a leader in the energy sector, ensuring that it can meet future demands while minimizing environmental impact.
Read full article
via The New York Times
Asia FX, dollar subdued ahead of Fed’s Powell speech
Investing.coman hour ago
Asia FX, dollar subdued ahead of Fed’s Powell speech
NeutralFinancial Markets
As the financial markets await a key speech from Federal Reserve Chair Jerome Powell, the Asian foreign exchange market is showing subdued activity with the dollar remaining stable. This moment is significant as Powell's remarks could provide insights into future monetary policy, influencing global markets and investor sentiment.
Read full article
via Investing.com
Oil extends declines after Iraq, Kurdish governments agree to restart oil pipeline
Investing.coman hour ago
Oil extends declines after Iraq, Kurdish governments agree to restart oil pipeline
NeutralFinancial Markets
The recent agreement between the Iraqi and Kurdish governments to restart the oil pipeline marks a significant development in the region's energy sector. This collaboration could stabilize oil supplies and potentially influence global oil prices, which have been fluctuating due to various geopolitical tensions. The resumption of operations is crucial for both governments, as it may enhance their economic stability and foster better relations.
Read full article
via Investing.com
Recommend Investors to Revisit Portfolio Allocations, JPMorgan's Hui Says
Bloombergan hour ago
Recommend Investors to Revisit Portfolio Allocations, JPMorgan's Hui Says
NeutralFinancial Markets
Tai Hui from JPMorgan Asset Management suggests that investors should reconsider their portfolio allocations as current market valuations reflect optimistic expectations for economic and corporate performance. While he believes this outlook is reasonable for the long term, he also warns of potential challenges in the coming months. This insight is crucial for investors looking to navigate the market effectively.
Read full article
via Bloomberg
China asks brokers to pause real-world asset business in Hong Kong, sources say
Investing.coman hour ago
China asks brokers to pause real-world asset business in Hong Kong, sources say
NegativeFinancial Markets
China's recent request for brokers in Hong Kong to pause their real-world asset business has raised concerns in the financial community. This move could impact the operations of many firms and reflects the ongoing regulatory scrutiny in the region. It matters because Hong Kong has been a significant financial hub, and such actions may signal a shift in how China is managing its economic policies, potentially affecting investor confidence and market stability.
Read full article
via Investing.com