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URGENT: US PPI declines by 0.2% in May
US Producer Price Index (PPI) for final demand decreased by 0.2 per cent in May 2024, adjusted seasonally.
Egypt secures $130m in non-refundable USAID grants
Egypt is poised to receive eight non-refundable development grants totaling $130 million from the United States…
Thailand consumer confidence hits 7-month low in May
Thailand's consumer confidence index slumped to a seven-month low in May, dropping for the third consecutive month.
Goldman Sachs to double lending to ultra-wealthy clients
Goldman Sachs plans to significantly increase its lending to ultra-wealthy private bank clients over the next five…
S. Korea extends stock short-selling ban until March ’25
South Korea's financial regulator, the FSC, has extended the ban on stock short-selling by nine months, pushing the…
Afreximbank: Africa’s economies expected to grow by 3.8% in ’24
African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…
Ukraine cuts rates to 13% as blackouts hinder growth
Ukraine’s central bank has implemented a third consecutive cut in borrowing costs, lowering the key interest rate…
Singapore offers refiners carbon tax rebates for ’24, ’25
Singapore is offering significant tax rebates to refiners and petrochemical companies for 2024 and 2025 to mitigate…
Zambia to establish new mineral investment entity
Zambia is gearing up to establish a fresh entity dedicated to investment and trading in minerals, aiming to…
Port of Los Angeles imports surge
Imports at the Port of Los Angeles remained strong in the first five months of 2024, staying above pre-pandemic…