International News S. Korea plans to shift from CD rates to KOFR as benchmark Nada Ali Aug 13, 2024 0 South Korea is set to introduce new guidelines to encourage the adoption of the Korea Overnight Financing Repo rate…
Tech/AI Huawei challenges Nvidia in China with new AI chip launch Nada Ali Aug 13, 2024 0 Huawei Technologies is reportedly nearing the launch of a new artificial intelligence (AI) chip, aiming to…
Banks China’s yuan-denominated loans surge to $1.89t in 7 months Nada Ali Aug 13, 2024 0 China's yuan-denominated loans expanded significantly during the first seven months of the year, reaching a total…
International News HDFC Bank leads Indian shares losses Nada Ali Aug 13, 2024 0 Indian shares declined on Tuesday, with HDFC Bank leading the losses due to lower-than-expected inflows from a…
Egypt News Henkel Egypt discusses expansion plans Nada Ali Aug 13, 2024 0 Egypt’s Minister of Investment and Foreign Trade met with Henkel Egypt CEO to discuss the company's operations and…
International News MSCI removes more Chinese stocks from its China indexes Nada Ali Aug 13, 2024 0 MSCI Inc. continues to remove more Chinese stocks from its indexes, which could lead to a decrease in China's share…
Industry & Trade Egypt simplifies entry, exit procedures for Sinai Nada Ali Aug 13, 2024 0 Egypt’s Prime Minister Moustafa Madbouly is addressing the facilitation of entry and exit procedures for investors…
Commodities Egypt’s gold prices hold steady on Tuesday Nada Ali Aug 13, 2024 0 Egypt's local gold prices held steady on Tuesday at 11:38 am (8:38 GMT) compared to the previous day's levels.
Money China’s c. bank adds 385.7b yuan off reverse repos Nada Ali Aug 13, 2024 0 China’s central bank injected on Tuesday 385.7 billion yuan into the banking system through seven-day reverse repos…
Egypt News Mansour Automotive commits to Egyptian market expansion – Cabinet Nada Ali Aug 13, 2024 0 Egyptian Prime Minister Moustafa Madbouly met on Tuesday with representatives from Mansour Automotive Group to…