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Japan’s ruling party monitors yen slide towards 160 vs dollar
The ruling party in Japan is closely monitoring the yen's recent slide towards 160 to the dollar.
Japan’s Asahi Kasei to build $1.3b EV battery plant in Canada
Japanese chemical company Asahi Kasei plans to construct a new $1.3 billion plant in Canada to manufacture…
Gold prices slightly up ahead of US data
Gold prices edged higher on Wednesday, reaching $2,325.23 per ounce, but remained confined to a tight trading…
Italy hits Amazon with a €10m fine over anti-competitive practices
Italy's antitrust authority has imposed a fine of 10 million euros ($10.70 million) on two Amazon subsidiaries over…
Asian stocks surge on tech rally
Asian stocks surged on Wednesday, led by a rally in technology shares, as investors shifted their focus to upcoming…
Egypt’s traders demand probe into EGX power outage
Egyptian Stock Exchange (EGX) traders and investors have demanded an immediate investigation into Monday's service…
Egypt’s FRA subsidiaries provide EGP 69.5b in Jan ’24
Egypt’s total funding granted through entities under the Financial Regulatory Authority (FRA) supervision in…
CBE reports bank loans rise to EGP 5.286t by end of ’23
The Central Bank of Egypt (CBE) announced on Tuesday a significant rise in loan balances at Egyptian banks,…
US business activity drops in April
US business activity tapered off to a four-month low due to softer demand in April.
CBE: Foreign T-bill holdings reach 424.3b by Jan ’24
The Central Bank of Egypt (CBE) announced that foreign customer investments in treasury bills rose to 424.381…