Taiwan blocks Uber’s $950m Foodpanda acquisition
Taiwan has officially rejected Uber Technologies Inc.’s proposed $950 million acquisition of Delivery Hero SE’s…
China’s c. bank offers 192.3b yuan off reverse repo
People’s Bank of China (PBC) announced on Wednesday a seven-day 192.3 billion-yuan reverse repo at an interest rate…
EGP fluctuates vs. USD in early Wednesday trade
The Egyptian pound (EGP) showed volatility against the US dollar (USD) during early trading on Wednesday, December…
Gold prices up slightly on Christmas Day
Gold prices rose slightly on Wednesday as spot gold prices increased at 6:47 AM GMT by 0.17 per cent to $2,617.27…
Asian markets see minor losses on Christmas Day
Shares in Tokyo and Shanghai experienced slight declines on Wednesday.
URGENT: IMF, Egypt reach staff-level agreement to unlock $1.2b loan instalment
The International Monetary Fund (IMF) announced on Wednesday that it had reached a staff-level agreement on the…
Jordan’s oil bill drops in 1st 10m in ’24
Jordan’s oil bill dropped 12.4 per cent to JD2.249 billion in the first ten months of 2024, compared to JD2.567…
France’s new premier vows to cut deficit
France’s newly appointed Prime Minister François Bayrou pledged to reduce the country’s budget deficit to near 5…
European shares mixed on Tuesday
European shares showed mixed performance on Tuesday in a quiet, holiday-shortened trading week, while the US dollar…
Egypt’s expat remittances surge in Oct. ’24 – CBE
Remittances from Egyptian expats recorded a new high in October 2024, increasing by 68.4 per cent year-on-year to…