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Philippines c. bank cuts interest rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) decided on Wednesday to reduce its target reverse repurchase (RRP) rate by 25…
India’s trade gap narrows on reduced gold imports
India's trade deficit decreased to $20.78 billion in September 2024, from $29.6 billion in the previous month.
IFC backs Bulgaria’s major renewable PV energy project
The International Finance Corporation (IFC) said on Wednesday that it is financing a 225-megawatt (MW) direct…
Japan to unveil larger stimulus package than last year
The Japanese government is set to introduce a stimulus package that will surpass the size of last year's measures.
WBG unveils financial package to boost lending capacity
The World Bank Group announced a new financial initiative on Tuesday aimed at increasing its lending capacity and…
Indian rupee rebounds amid dollar sell-off
The Indian rupee slightly strengthened against the US dollar on Wednesday, closing at 83.995, supported by…
Egyptian Competition Authority approves AngloGold Ashanti’s acquisition of Centamin
The Egyptian Competition Authority (ECA) has approved AngloGold Ashanti plc's acquisition of Centamin plc, a…
UK house prices 2.8% up in August ’24
Average UK house prices rose by 2.8 per cent to £293,000 in the 12 months leading to August 2024, according to…
Italy to raise capital gains tax on bitcoin to 42%
Italy plans to raise the capital gains tax on bitcoin to 42 per cent from the current 26 per cent, aiming to fund…
Egypt’s fruit, vegetable production hikes in ’22/’23
Egypt's agricultural sector has witnessed a significant increase in both fruit and vegetable production in the…