Guides & Analytics
China’s import volumes for diesel up
China’s import volumes for diesel/gasoil and jet fuel/kerosene stay prominent, while Singapore's middle distillates stockpiles decreased by two per cent.
EGX closes all red on March 28
Egypt’s stock exchange (EGX) closed all red on Thursday, with the main index, EGX30 sliding by 2.36 per cent to 27,559.35 points.
Tesla faces headwinds due to price cuts
Tesla is expected to report slow first-quarter deliveries next week due to reduced price cuts and increased competition in the electric-vehicle market.
USD takes a slight leap against EGP – CBE
The Central Bank of Egypt (CBE) noted a minor increase in the average exchange rates of the US dollar against the Egyptian pound on Thursday.
S. Africa’s producer price inflation down to 4.5% in Feb
South Africa’s annual producer price inflation for final manufacturing stood at 4.5 per cent in February 2024.
Foreign companies face $107b losses from Russian exit
Foreign companies incurred losses exceeding $107 billion due to writedowns and lost revenue, following the corporate departure from Russia after its 2022 invasion of…
Gold prices surge over US rate-cut expectations
Gold prices surged on Thursday, heading for their largest monthly increase since November 2022 due to a strong rally driven by expectations of US interest rate cuts.
China pledges top-tier business environment
China will actively align with high-standard international economic and trade rules and create a top-tier business environment that is market-oriented, law-based,…