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Mongolia cuts wheat flour import duty to zero
The Mongolian government announced on Wednesday a significant reduction to slash import duties on wheat flour to…
Bitcoin drops by 16% in April
Bitcoin experienced a third consecutive day of decline on Wednesday, following its worst monthly performance since…
UK’s FTSE 100 rises ahead of Fed decision
UK's FTSE 100 index saw a slight increase of 0.2 per cent at 0721 GMT on Wednesday, continuing its upward trend…
S. Arabia’s GDP shrinks by 1.8% in Q1 ’24
Saudi Arabia’s real Gross Domestic Product (GDP) experienced a 1.8 per cent decline in the first quarter of 2024…
Asian stock markets slid on Wednesday
Asian stocks opened lower on Wednesday, as most regional markets were closed for Labour Day.
China boosts trade with BRICS by 13%
Trade between China and other BRICS members surged by 11.3 per cent in the first quarter of 2024, reaching 1.49…
IMF, Malian reach staff-level agreement for $120m emergency financing
The International Monetary Fund (IMF) has reached a staff-level agreement with Malian authorities to provide…
Egypt’s c. bank offers EGP 4b in fixed coupon t-bonds
The Central Bank of Egypt (CBE) issued on Wednesday treasury bonds (T-bonds) with fixed coupon in Egyptian pound…
Gold prices slip on hawkish Fed meeting
Gold prices extended their slide in Asian trading on Wednesday, weighed down by anticipation of a hawkish stance…
Microsoft, Brookfield team up for renewable energy projects
Brookfield Asset Management of Canada, with support from Microsoft, is planning to establish new wind and solar…