Carney Has the World’s Biggest Investors in Toronto. He Wants Them to Put $1 Trillion Into Canada.

ABE NEWS | September 14, 2026 For decades, Canada has enjoyed one of the most valuable economic relationships any country could ask for. Immediately to its south sits the world’s largest economy. Canadian oil, cars, lumber, minerals, machinery, electricity and countless other products could cross one of the world’s longest borders into an enormous American…

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Hong Kong Was Losing Ground to Singapore and Dubai — Now the Money Is Coming Back

 ABE NEWS | September 12, 2026 For several years, the story surrounding Hong Kong’s financial centre seemed to be moving in only one direction. Bankers were leaving. Fund managers were relocating. International companies were reconsidering their presence. Families with substantial wealth were looking toward Singapore and Dubai. Political upheaval after the 2019 protests, Beijing’s imposition…

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TikTok Owner ByteDance Secures a $29.6 Billion Loan — As China’s AI Spending Race Explodes

  ABE NEWS | September 4, 2026 The artificial-intelligence race has produced enormous chip orders, gigantic data centres and technology companies spending hundreds of billions of dollars on computing infrastructure. Now it is producing something else: enormous amounts of debt. ByteDance, the Chinese technology giant behind TikTok and Douyin, has secured a staggering $29.6 billion…

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Dangote Is Preparing Africa’s Biggest IPO — And Wants to Build a 1.4-Million-Barrel-a-Day Refinery

  ABE NEWS | September 4, 2026 Africa could be days away from one of the biggest stock-market listings in its history. Nigeria’s Dangote Group is preparing to sell shares in the Dangote Petroleum Refinery, the enormous Lagos-based industrial complex built by billionaire entrepreneur Aliko Dangote. According to people with direct knowledge of the transaction,…

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Taiwan Companies Plan Another $20 Billion U.S. Investment — As the AI Chip Boom Reshapes Global Manufacturing

 ABE NEWS | September 2, 2026 Taiwanese technology companies are preparing another $20 billion wave of investment into the United States, as exploding demand for artificial intelligence pushes one of the world’s most important technology supply chains deeper into American territory. Taiwan Economy Minister Kung Ming-hsin announced the new investment estimate Wednesday at the SEMICON…

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South Africa’s Eskom Profit More Than Doubles to $1.9 Billion — But a $7 Billion Debt Problem Is Growing

  ABE NEWS | August 31, 2026 South Africa’s long-troubled electricity giant Eskom has delivered one of the most dramatic financial turnarounds in its recent history, more than doubling annual profit to 30.3 billion rand — roughly US$1.9 billion — as power shortages collapsed, electricity sales improved and years of government intervention began producing visible…

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India’s Economy Surges 7.8% — The Global Growth Giant Is Accelerating Again

  ABE NEWS | August 31, 2026 India has opened its new financial year with another powerful economic performance, expanding 7.8% year-on-year during the April–June quarter and beating expectations as investment, manufacturing, financial services and domestic demand helped the world’s most populous country maintain growth that most major economies can only envy. The result exceeded…

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Canada Backs €100 Billion Global Defence Bank — And Wants to Become a Financial Hub for the West’s Military Build-Up

  ABE NEWS | August 30, 2026 Canada is positioning itself at the centre of an ambitious attempt to transform how Western countries finance defence, as Prime Minister Mark Carney throws Ottawa’s weight behind a proposed international bank seeking to mobilize roughly €100 billion — about US$116 billion — for defence, security and military-industrial investment….

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China Just Unlocked a $119 Billion Economic Tool — Beijing Is Trying to Get Growth Moving Again

  ABE NEWS | MONDAY, AUGUST 24, 2026 China has a problem. The world’s second-largest economy is still growing, but one of the engines that helped power its extraordinary rise is moving in the wrong direction. Investment is falling. During the first seven months of 2026, China’s fixed-asset investment contracted 6.7%. Economic growth slowed from…

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Africa’s Biggest Refinery Is Heading to the Stock Market — And It Could Become the Continent’s Largest IPO

  ABE NEWS | THURSDAY, AUGUST 20, 2026 Africa’s biggest oil refinery is preparing for another enormous milestone. Nigeria’s Dangote Refinery has secured a $1 billion underwriting program ahead of a planned stock-market listing that could become the largest initial public offering in African history. The refinery, majority-owned by Nigerian billionaire Aliko Dangote, has already…

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