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RBI reassures investors amid bond restrictions
The Reserve Bank of India (RBI) has moved to allay concerns over recent restrictions imposed on foreign ownership…
Taiwan’s export nudges 3.1% YoY in July – data
Taiwan's exports rose by 3.1 per cent year-on-year in July 2024 to reach $39.94 billion, while imports increased by…
JPMorgan raises US recession odds to 35%
JPMorgan has raised its estimate of a US recession by year-end to 35 per cent from 25 per cent, citing easing…
Global markets tumble, yen surges on Thursday
European stocks and US futures declined on Thursday following volatile sessions in Asia and on Wall Street.
China c.bank injects 7.1b yuan in reverse repos
People’s Bank of China (PBC) announced on Thursday seven-day 7.1 billion yuan (about $993.6 million) reverse repos…
Hisense Egypt, FBB Tech launch $38m Sokhna project
Haier Egypt, a company specialising in electrical appliances, and the Chinese industrial developer Teda Egypt…
European gas prices hit highest level of ’24
European natural gas prices surged to their highest levels this year, trading near €39 per megawatt-hour, following…
Gold prices rebound amid Middle East tensions
Gold prices rebounded on Thursday, snapping a five-day losing streak.
US overtakes China as Germany’s top trading partner
The United States surpassed China as Germany's largest trading partner in the first half of 2024, according to…
India c.bank keeps rate unchanged at 6.50%
The Reserve Bank of India kept the policy repo rate unchanged at 6.50 per cent on Thursday. Consequently, the…