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Pound near 4-month low as BOE rate cuts loom
The pound fell towards $1.25, a level not seen since December, as traders bet on the Bank of England (BOE) making…
Ether lags behind bitcoin despite market growth
Ether, the second-largest cryptocurrency, is struggling to match the performance of bitcoin, despite commanding…
World Bank to introduce $1b debut hybrid
The World Bank is planning to introduce a debut hybrid note worth up to $1 billion on the capital markets this…
Xiaomi’s stocks soars after launching 1st EV
Xiaomi's stock surged 16 per cent on Tuesday after the launch of its new electric vehicle, despite forecasts of…
China holds key to Africa’s green revolution
China, Africa’s main trade partner, has the potential to lead Africa’s energy revolution but must first address its…
Reserve Bank of Australia vows to maintain liquidity for smooth financial system
Australia's central bank, vows to maintain liquidity to ensure smooth financial system operations as pandemic-era…
WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
The World Bank (WB) upgraded its forecast for Sri Lanka's economy, predicting 2.2 per cent growth in 2024 as the…
German inflation to dip below ECB target – Ifo
German companies experienced a decline in price expectations in March, hitting a three-year low, according to the…
Japan approves extra $3.9b in aid to chip startup Rapidus
Japan's industry ministry approved subsidies of up to 590 billion yen ($3.9 billion) for chip foundry venture…
EGP nudges down against USD at market opening on Tuesday
The exchange rate of the US dollar against the Egyptian pound saw a decrease at the market open on Tuesday, April…