The Federal Reserve kept rates unchanged citing inflation risks. Also on the show: US President Donald Trump hits South Korea with 15% tariffs, while India is set to face a 25% rate; Meta, Microsoft and Qualcomm post results; Canada has become the latest Group of Seven nation to plan on recognizing a Palestinian state; Bank of Japan holds its benchmark interest rate steady at 0.5%; Bain is winding down its consulting operations in South Africa; Masai Ujiri, NBA Champion Coach and Co-Founder of ‘Giants of Africa’, officially unveils the flagship ‘Zaria Court’. Guests include: Dan Farley, State Street Investment Management, Investment Solutions CIO; Trinh Nguyen, Natixis Corporate & Investment Banking, Senior Economist for Emerging Asia.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:05:03 – US reaches trade agreement with South Korea that will impose a 15% tariff on imports
00:09:40 – Dan Farley, State Street Investment Management, Investment Solutions CIO
00:15:37 – Tech earnings in focus
00:18:46 – Canada to recognize a Palestinian state
00:25:42 – BOJ keeps rates unchanged
00:29:34 – Trinh Nguyen, Natixis Corporate & Investment Banking, Senior Economist for Emerging Asia
00:35:31 – Bain shuts South African consulting business Investing in Africa’s sports infrastructure
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