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Egypt’s CBE offers EGP 60b T-bills
The Central Bank of Egypt (CBE) is auctioning 60 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
German retail sales slump in February
Retail sales in Germany saw a surprising drop in February, falling by 1.9 per cent compared to the previous month,…
China’s c. bank widens yuan gap to prevent currency decline
China's central bank set the yuan fixing at a wider gap against Reuters' estimate, the largest in nearly five…
Saudi Arabia unemployment stands at 7.7% in Q4 -’23
The unemployment rate for Saudis stood at 7.7 per cent in Q4-2023, as reported by the General Authority for…
Wall Street banks warn of potential sell-off in Japan’s stocks
Japanese top-performing stocks are facing a potential sell-off due to overcrowded long positions in liquid and…
Mexico expects 2-3% economic growth in ’25
Mexico expects economic growth of 2-3 per cent in 2025, with a fiscal deficit of 2.5 per cent GDP.
URGENT: No rush to cut policy rate – Fed board member
According to an official statement on the Fed's website, Christopher J. Waller, a member of the Federal Reserve…
EGX closes in red on March 27
Egypt’s stock exchange (EGX) closed all red on Wednesday, with the main index, EGX30 sliding by 2.87 per cent to…
China’s Huadian signs strategic partnership with Siemens Energy
Chinese state utility Huadian Group announced on Wednesday that it has signed a strategic partnership framework…
China’s EV BYD targets 3.6m units in sales during ’24
Chinese electric vehicle maker BYD has set a sales target of 3.6 million units for 2024, a 20 per cent increase…