NAIROBI (Reuters) - A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform to boost commerce across borders in the region, its chief executive said. The Pan-African Payments and Settlement System (PAPSS), backed by 15 central banks on the continent, expects to add the platform later this year to complement its...

07:51 AM EDT, 03/12/2025 (MT Newswires) -- (Updates to add the most recent premarket move in the last paragraph) Baidu ( BIDU ) said Wednesday that it completed a $2 billion exchangeable bonds offering, maturing in 2032. The company said the bonds, sold in offshore transactions outside the US to non-US investors, will not accrue regular interest, and the principal...

KYIV (Reuters) - Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of Russian attacks on its infrastructure. The White House has spearheaded talks to end the more than three years of war that have followed Russia's invasion of Ukraine....

07:49 AM EDT, 03/12/2025 (MT Newswires) -- President Donald Trump will announce his decision to nominate Federal Reserve Governor Michelle Bowman as the central bank's vice chair for supervision as early as Wednesday, Bloomberg reported, citing a person familiar with the matter. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from...