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AngloGold and Gold Fields Halt Merger Talks, Focus on Independent Growth
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AngloGold Ashanti Plc and Gold Fields Ltd. have halted discussions regarding a potential joint venture aimed at combining their adjacent Iduapriem and Tarkwa gold mines in Ghana. Instead, they will concentrate on enhancing the performance of their respective operations. On Tuesday, May 6, 2025, the two leading mining companies declared their choice after over…
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UN: $43 Billion Needed Annually to Meet 2030 Global Goals
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By Kingsley Webora TANKEH A financing roadmap drawn by the World Bank, United Nations Development Programme (UNDP) and other United Nations (UN) agencies in Ghana shows the\xa0 need to raise about US$522billion in order to meet the Sustainable Development Goals (SDGs) by 2030. Nevertheless, if we exclude the government’s annual revenue allocation from the…
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First National Bank Soars in Q1: Impressive Performance Unveiled!
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…experiencing a substantial improvement in capital position \xa0 First National Bank Ltd has pushed its financial recuperation further into 2025, announcing a profit of GH₵30.68 million in the initial three months, which is double what they earned during the corresponding timeframe in the previous year. This achievement follows robust trade revenues, careful enlargement of…
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Vingroup Chairman Pham Nhat Vuong Becomes Vietnam’s First Billionaire with $9B Fortune
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The founder and chairman of Vingroup, Pham Nhat Vuong, has made history as the first Vietnamese individual to amass a wealth of $9 billion, as reported by the recent Forbes update on May 8th. This accomplishment secures Vuong a position at number 330 on the magazine’s list of wealthiest individuals worldwide. The chairman of…
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CATL Paves the Way for Mainland Firms to Tap Hong Kong’s Share Sales Market
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According to exchange data, 30 A-share companies have sought permission to list in Hong Kong this year, which exceeds the 16 applications from last year. Chinese mainland companies are increasingly turning to Hong Kong for fresh equity listings, spurred by favorable valuations, robust liquidity, and supportive regulatory measures. Contemporary Amperex Technology is set to…
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Lychee Production Set to Soar 30% This Year – International Edition (English)
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Vietnam is set to produce an estimated 303,000 tonnes of lychee this year, a 30% increase compared to 2024, according to the Plant Production and Protection Department under the Ministry of Agriculture and Environment. Favourable weather conditions and proper disease control are attributed to the increased production. Of the total output, about 165,000 tonnes…
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Dollar Inches Up Against Dong – International Edition (English)
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On Thursday morning, the U.S. dollar saw a slight increase against the Vietnamese dong but declined when compared to most significant currencies. Vietcombank sold its dollars at a rate of VND26,150, which was 0.07% higher than before. The State Bank of Vietnam reduced its reference rate by 0.01% to VND24,927. In the underground market,…
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SK Group chair apologizes for telecom data breach
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On May 7, SK Group Chairman Chey Tae-won issued an apology regarding a recent cyberattack on SK Telecom that resulted in the theft of customer USIM information. This was his initial public statement about the incident, which took place 19 days prior. “I genuinely extend my apologies to all those who faced inconveniences because…
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Vietnam Aims for Balanced, Sustainable Trade with US: Prime Minister
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Prime Minister Pham Minh Chinh stated that Vietnam values its Comprehensive Strategic Partnership with the U.S. and looks forward to the bilateral relationship advancing positively, aiming for greater substance, balance, and sustainability. On Wednesday, Prime Minister Chinh met with a delegation from the U.S.-China Economic and Security Review Commission (USCC), headed by Chairman Reva…
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Omanhene of Shama Urges Sub-Chiefs to Unite
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By Juliet Aguiar Dugbarteys, Shama The Omanhene of the Shama Traditional Area, Osagyefo Kwaw Fraiku IV, has emphasized the importance of subordinate chiefs working together in harmony and assisting in identifying the key development issues facing the council. He pointed out that this would allow them to overcome most of the challenges and promote…