Tech/AI TSMC Q2 net profit soars 36%, exceeding expectations Nada Ali Jul 18, 2024 0 Taiwan Semiconductor Manufacturing Company (TSMC) reported a robust 36 per cent year-on-year increase in net…
Tech/AI Asian chipmakers tumble on US export curbs fear Nada Ali Jul 18, 2024 0 Asian chip stocks dropped sharply on Thursday following a sell-off on Wall Street.
Money Yen hits 6-week high on intervention speculation Nada Ali Jul 18, 2024 0 The Japanese yen surged to a six-week high on Thursday, fuelled by speculation of intervention by Japanese…
Egypt News Egypt supports local green hydrogen, automotive industries Nada Ali Jul 18, 2024 0 Egypt’s Prime Minister Moustafa Madbouly confirmed that each governorate has a customised development programme to…
Stocks Asian stocks fall on trade tensions Nada Ali Jul 18, 2024 0 Asian stock markets fell on Thursday due to concerns about a potential trade war between the US and China.
International News Gold hits record high again on Thursday Nada Ali Jul 18, 2024 0 Gold prices rose on Thursday, nearing the recent record high.
Africa News TotalEnergies sells $860m stake in Nigeria onshore oil Nada Ali Jul 17, 2024 0 TotalEnergies sells 10 per cent stake in Nigerian oil and gas licenses to Chappal Energies for $860 million.
News S. African retail sales inch up 0.8% YoY in May Nada Ali Jul 17, 2024 0 Statistics South Africa released retail sales data on Wednesday, showing a modest year-on-year increase but a…
International News Asian bonds see foreign inflows for 2nd month Nada Ali Jul 17, 2024 0 Foreign investors increased their bond purchases in Asian markets for the second month in a row in June, buoyed by…
International News WTO questions China’s lack of transparency in industrial support Nada Ali Jul 17, 2024 0 The World Trade Organisation (WTO) stated that it lacked transparency in understanding China's financial support.