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Asian markets tentative as Japan inflation spikes
Asian shares experienced a dip on Tuesday as Japanese inflation, which went marginally higher than anticipated,…
Egypt’s CBE offers fixed-rate deposits of EGP 150b
The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days, worth 150…
Dubai to divest stake in parking business
Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
Oil prices surge due to concerns on shipping
Oil prices rose on Tuesday, building on gains from the previous day due to attacks on shipping in the Red Sea that…
CBN’s governor challenged by rate decision
Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his…
Alibaba’s Daraz group announces layoffs
Daraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish…
Vietnam likely to reform trade unions, risking investors
Communist Vietnam will likely ratify the UN treaty for free trade unions this year, say UN officials and diplomats.…
US dollar drops ahead of key data
The US dollar performance faced downward pressure on Tuesday as investors awaited US economic data to gauge the…
Qatar’s low-cost LNG expansion pressures rivals
Qatar, a global leader in LNG exports, has an 85 per cent expansion plan for its LNG output from its North Field,…
Investors pivot to Japan amid geopolitical tensions
Investors are shifting from China to Japan amid economic and geopolitical concerns, leading to a surge in the…