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China’s daily crude oil imports low in July
China's daily crude oil imports in July hit their lowest point since September 2022 due to weak processing margins…
S. Korea posts current account surplus of $12.26b in June
South Korea’s current account registered a surplus of $12.26 billion in June, driven by a robust performance in the…
Asian markets rebound, BOJ maintains easing
Asian shares continued their rally on Wednesday, as the Bank of Japan (BOJ) unexpectedly expressed caution about…
Gold dips as dollar, yields rise
Gold prices edged lower on Wednesday as a strengthening US dollar and Treasury yields weighed on the precious…
URGENT: Egypt’s net FX reserves hit $46.48b in July – CBE
Egypt’s net foreign exchange reserves rose to $46.488.9 billion by the end of July, compared to $46.383.9 billion…
Egyptian expats deposit $800m for car imports – minister
Egyptian expatriates have collectively deposited $800 million to import cars into the country, said Minister of…
Indonesia’s Geo Energy signs $150mn contract for coal project
Indonesian coal producer Geo Energy has inked a $150 million deal for the construction and development of a…
Libyan oil production curtailed by protests at Sharara field
Libya's National Oil Corporation (NOC) announced on Tuesday that it is gradually reducing production from the…
US DOE funds $2.2b grid overhaul to combat climate change
The US Department of Energy (DOE) announced a $2.2 billion investment in the nation's grid for eight projects…
US stocks bounce back after Monday’s rout
US stocks opened higher on Tuesday morning ET, with investors snapping up discounted stocks following a broad…