China injects $233b in year-end liquidity boost
China’s central bank injected 1.7 trillion yuan ($233 billion) into the financial system in December, ramping up…
Offshore yuan hits 2-year low against dollar
The offshore yuan sharply declined on Tuesday, briefly hitting its lowest point against the US dollar in over two…
Egypt’s c.bank withdraws EGP369.15b in open market operation
The Central Bank of Egypt (CBE) withdrew EGP 369.15 billion from the market on Tuesday through an open market…
Messi’s real estate trust hits €223m market value
Lionel Messi’s real estate investment trust, Edificio Rostower Socimi, debuted on the Spanish market at €57.4 per…
Sri Lanka’s CCPI inflation falls 1.7% in Dec. ’24
Sri Lanka's consumer price index (CPI) fell by 1.7 per cent year-on-year in December, following a 2.1 per cent drop…
China’s central bank says to conduct second SFISF operation soon
The People’s Bank of China (PBC) announced on Tuesday that it would conduct the second operation of the Securities,…
China’s PBC injects 157.7b yuan via reverse repo operation
The People’s Bank of China (PBC) conducted a seven-day reverse repo operation worth 157.7 billion yuan on Tuesday…
Sterling outperforms major currencies against dollar
The pound sterling is set to end 2024 as the top-performing major currency against the dollar, despite a 1.4 per…
Egypt’s economy grows by 3.5% in Q1-FY24/25
Egypt’s economy grew by 3.5 per cent during the first quarter of the fiscal year 2024-2025, an improvement from 2.7…
Magawish Petroleum boosts investment to increase output in FY 24/2025
Magawish Petroleum Company (MAGAPETCO) has approved a budget increase for the fiscal year 2024/2025, raising its…
