S. Africa’s inflation dips to 5.3% in March
South Africa saw a slight dip in headline inflation to 5.3 per cent in March from February's 5.6 per cent,…
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Oil sees slight decline on Wednesday’s opening
Oil saw a slight decline, with attention focused on Israel's potential response to Iran's recent attack over the…
Morgan Stanley terminates jobs in Asia
Morgan Stanley is trimming its investment banking workforce in Asia Pacific by at least 50 positions, sources…
US factory production surges in March
US factory production surged in March, buoyed by increased output in motor vehicle assembly and other sectors.
EGX closes mixed on April 16th
Egypt’s stock market (EGX) closed mixed on Tuesday. The main index, EGX30 dropped by 0.73 per cent, to 29,400.84…
BofA profits decline in Q1 ’24
Bank of America (BofA) witnessed a decline in its profits on Tuesday, attributed to reduced earnings from customer…
India’s largest oil refiner resells US oil
Reliance Industries Ltd. took an unusual move by offering US oil to other buyers in Asia last week, a deviation…
Zimbabwe hopes new ZiG currency to stabilise market
The Zimbabwean government introduced a new currency, ZiG, backed by gold reserves and foreign currency to address…
US House passes Iran-China crude sanctions
The US House of Representatives overwhelmingly passed a bill on Monday targeting China's acquisition of Iranian…
Oil surges on Tuesday’s opening
Oil surged on Tuesday as China's economy outpaced expectations and tensions escalated in the Middle East.