CBE enhances payment system supervision
The Central Bank of Egypt (CBE) issued on Wednesday an update to the supervisory framework for payment systems and…
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ECB eyes spring rate cuts, inflation defeat in sight
The European Central Bank (ECB) is likely to commence cutting rates in the spring, specifically between April and…
Dollar holds ground as inflation fails to stir traders
The US dollar maintained its stability against various other currencies on Wednesday as traders evaluated how the…
German shipowners press for carbon trading transparency
The German shipowners’ association VDR on Tuesday, called on the Berlin government to enact laws that would…
Egypt inks $3M Green Hurghada project deal with UNIDO
Egypt inked an agreement on Tuesday for the Green Hurghada project, a joint venture between the United Nations…
Russian coal struggles in Asian Market amid price dip
Russia’s seaborne coal exports to Asia have been showing a downward trend in recent times, including a decrease in…
Gold prices nudge down ahead of US inflation data
Gold prices experienced a slight decline from levels close to an all-time high on Tuesday as market participants…
Argentina slashes benchmark rates to 80%
Argentina’s central bank has reduced its benchmark interest rate from 100 per cent to 80 per cent, which aligns…
Oil inches up ahead of US inflation data
Oil prices saw a marginal increase, with Brent futures nearing $83 a barrel and West Texas Intermediate crude…
China Vanke receives govt. support amid property crisis
China’s government stepped in to bolster China Vanke, a state-backed property firm currently facing financial…
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