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China’s manuf. activity continues to shrink in July
China's manufacturing sector contracted for the third consecutive month in July, official data showed on Wednesday.
Bank of Japan raises benchmark interest rate
The Bank of Japan (BOJ) surprised markets by raising interest rates and introducing a quantitative tightening (QT)…
Asian stocks rise after BOJ tightens policy
Asian stocks climbed on Wednesday, and the Japanese yen fluctuated after the Bank of Japan (BOJ) unexpectedly…
Germany’s inflation hits 2.6% for July
Germany’s Harmonised inflation, which provides a comparison with other EU countries, shows a 2.6 per cent annual…
PM: Egypt eyes 5.5% average economic growth over next 3 years
Egypt’s Prime Minister Moustafa Madbouly announced on Tuesday that the government targets an average economic…
Egypt’s inflation to take 12-18 moths to hit CBE target – IMF
Egypt will need between 12 and 18 months to bring inflation down to the Central Bank's (CBE) target, said…
IMF forecasts Egypt’s real GDP to grow 4% in FY24/25 – official
The International Monetary Fund is forecasting about 4 per cent for Egypt's real GDP growth in the current fiscal…
Egypt Cabinet greenlights two new private free zones
The Egyptian Cabinet has approved the establishment of two new free trade zones to enhance the country’s trade and…
US housing prices flat in May
US housing prices were flat in May 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index.…
Mexico’s growth slows in Q2 as high rates cool demand
Mexico's economic growth unexpectedly slowed in Q2, with GDP increasing by just 0.2 per cent, below the 0.4 per…