Iraq-Turkey oil pipeline remains shut amid legal, financial challenges
A year after the Iraq-Turkey oil pipeline closure, which previously handled about 0.5 per cent of global oil…
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China stands at critical juncture to unlock growth – IMF head
China stands at a critical juncture, as IMF Kristalina Georgieva emphasised the need to choose between traditional…
China blocks usage of US Intel, AMD chips in govt. PCs
China has issued directives aimed at phasing out the usage of US-manufactured microprocessors from Intel and AMD in…
Kenya’s economy forecast to grow by 6.3% in ’24
Kenya's economy is anticipated to achieve a growth rate of 6.3 per cent this year, surpassing the estimated 6.1 per…
Egypt’s bourse closes in green on March 21
Egypt’s stock exchange (EGX) closed all green on Thursday, with the main index, EGX30 surging by 1.63 per cent to…
Taiwan hikes rates in unpredicted move
Taiwan's central bank raised its policy rate unexpectedly, citing concerns about inflation and anticipating…
IMF, Sri Lanka reach staff-level agreement on second review of funding package
The International Monetary Fund (IMF) announced on Thursday that it had reached a staff-level agreement with the…
Norway holds rates steady
Norway's central bank (Norges Bank) held its benchmark interest rate steady at 4.50 per cent on Thursday.
Swiss franc falls to lowest after SNB rate cut
The Swiss franc experienced a sharp decline against the dollar following the Swiss National Bank (SNB) 25-basis…
Turkey to reconsider rate hike
Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…