Sony plans financial unit IPO in ‘25
Sony Group Corp. announced that it will list its financial arm in October 2025, setting the stage for a significant…
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Yen decline challenges BOJ on rates decision
The sharp decline of the yen below 150 against the dollar complicates matters further for the Bank of Japan (BOJ).
Gold stays below $2000 in early Wednesday trade
Gold prices hovered around a two-month low, trading below the crucial $2,000 per ounce level On early Wednesday…
S. Africa’s KAP mulls $317mln logistics unit sale
KAP Ltd. is reportedly considering selling of its Unitrans business, as part of its plans to lower the company's…
EGX closes all green on Feb. 13
Egypt’s stock market closed in the green area on Tuesday. The main index, EGX30 jumped by 0.39 per cent, to…
Madinet Masr, Elmarakby Steel sign MoU to develop plan for site waste
Madinet Masr, Egypt's giant real estate developer, and Elmarakby Steel, an Egyptian steel manufacturer, signed on…
FRA updates EGX listing and de-listing guidelines
Egypt's Financial Regulatory Authority (FRA) has updated the guidelines for listing and de-listing on the stock…
Oil rises ahead of new economic data
Oil prices increased slightly as traders anticipated the Organization of the Petroleum Exporting Countries' (OPEC+)…
Tokyo Electron market cap hits record high of $12bln/day
Tokyo Electron Ltd.'s market capitalization reached a record high on Tuesday, rising by over $12 billion following…
Aston Martin in negotiations over $1.4 bln debt
Aston Martin Lagonda Global Holdings Plc, whose near-term liabilities total about $1.4 billion, is negotiating with…