Asian markets follow Wall Street lower after a tech-led selloff sees the Nasdaq crash to its worst day since 2022. Plus, the US is establishing itself as a global peace negotiator – first a meeting directly with Hamas to discuss Gaza hostage release and then a two-pronged approach, talks with Ukraine in Saudi Arabia, while US Middle East Envoy Steve Witkoff expected to travel to Russia to meet President Putin to discuss ceasefire. Also on the show, China’s renewed AI focus as NPC wraps up while Alibaba.com remains positive on growth in the US despite trade tariffs. Syria’s interim government joins hands with the Kurdish-led authority in a historic deal. And, Ghana’s economic growth slows while Egypt’s February inflation drops by almost half. Guests include: Jun Bei Liu, Founder of Ten Cap; Rachel Ziemba, Ziemba Insights’ founder; and Rob Subbaraman, Nomura Chief Economist and Head: of Global Markets Research
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
00:05:29 – Global stocks selloff extends into Asian equities
00:08:00 – Jun Bei Liu, Ten Cap, Founder
00:18:28 – US engages directly with Hamas over Gaza hostage release
00:31:46 – Rachel Ziemba, Ziemba Insights, Founder
00:38:23 – Ghana’s economy grows at its slowest pace in more than a year
00:41:33 – Egypt’s inflation drops by almost half
00:54:15 – Rob Subbaraman, Nomura Chief Economist and Head: of Global Markets Research
01:00:56 – US & Ukraine officials meet in Saudi Arabia & US envoys to travel to Russia
01:27:31 – Alibaba.com’s growth expectations in the US despite trade tariffs
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