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Philippines’ JFC to acquire S. Korea’s Compose Coffee for $340m
Philippine Jollibee Foods Corporation (JFC) is acquiring a 70 per cent stake in South Korea's Compose Coffee, for…
European stocks dip, French market cools
European stocks faced declines on Tuesday, influenced by French equities retracing gains from the previous session…
IMF completes 1st Jordan review
The International Monetary Fund (IMF) Executive Board has completed the first review of Jordan’s Extended Fund…
Egypt’s local gold prices rise on July 2nd
Egypt’s gold prices saw minimal fluctuations on Tuesday at 11:45 am (8:45 GMT) compared to July 1st.
China’s Fosun to sell Japanese Hokkaido ski resort for $252m
Fosun International, a Chinese conglomerate, is selling the Japanese ski resort Hoshino Resorts Tomamu for 40.8…
BOJ may raise rates to 0.5% by March ’25 – Mizuho Bank CEO
The Bank of Japan (BOJ) may raise interest rates twice by March, reaching 0.5 percent, according to Mizuho…
S. Arabia announces new oil discovery
Saudi Arabia has announced significant new oil deposits discovery in the Eastern Province and the Empty Quarter.
ECB’s Muller urges caution on potential year-end rate cut
The European Central Bank (ECB) may potentially lower borrowing costs again before the year's end, albeit…
Blackstone to sell Japanese Alinamin to MBK Partners for $2.17b
Private equity giant Blackstone is finalising the sale of Japanese supplement maker Alinamin Pharmaceutical to…
Major Japanese insurers plan $3.1b Honda share sale
Four major Japanese insurers and other financial institutions are planning to sell a combined 500 billion-yen ($3.1…