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Sri Lanka debt restructuring plan saves $5b
Sri Lanka is taking a significant step towards economic recovery with a debt restructuring deal that will save the…
Egypt launches 200MW solar plant in Aswan
Egypt's Ministry of Electricity and Renewable Energy announced the commissioning of a new 200MW solar power plant…
EGP dips marginally vs. USD at Tuesday’s market open
The Egyptian Pound (EGP) experienced a slight decline against the US Dollar (USD) as trading began on Tuesday, July…
Chinese property market shows rebound signs
Hong Kong-listed Chinese property developers saw their shares surge on Tuesday, fuelled by optimism over a…
US manufacturing growth moderates in June – PMI
The US manufacturing sector continued to expand in June, with new orders rising for the second consecutive month.…
UK shop inflation hits lowest level since Oct. ’21
Prices in British shops experienced their slowest rise in almost three years last month, according to figures from…
Dollar rallies, yen falls to record lows
The US dollar rose on Tuesday due to higher US Treasury yields, putting pressure on low-yielding currencies like…
Asian markets show mixed performance on Tuesday
Asian stocks had a mixed performance on Tuesday amid election anxieties and increasing US bond yields.
Next rate cut looms – ECB’s Wunsch
The European Central Bank (ECB) is contemplating its next interest rate cut, a decision that is expected to be…
S. Korea’s inflation eases to 11-m low in June
South Korea's consumer inflation dropped to 2.4 per cent in June, an 11-month low, offering relief to policymakers…