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WB head warns of impact of escalating Middle East war on global economy
World Bank President Ajay Banga warned that a wider Israel-Gaza conflict could significantly impact the global…
S. Korea’s M2 grows August ’24 – BOK
South Korea's seasonally-adjusted M2, which includes broad money, grew by 0.2 per cent to 4,062.6 trillion won…
Italy turns to banks for €3.5b, no tax hikes
Italy's Prime Minister Giorgia Meloni's cabinet has unveiled a plan to tap the country's banks and insurers for…
Global shift to electricity may lower energy costs – IEA
The world is entering an era of cheaper energy as a surge in electricity use reduces reliance on fossil fuels,…
S. Korea’s jobless rate falls in Sept. ’24
South Korea's unemployment rate declined to 2.1 per cent in September 2024, a decrease of 0.2 percentage points…
Indian stocks remain rangebound amid mixed signals
Indian shares traded within a tight range on Wednesday as investors assessed disappointing results from top…
Morocco to double green energy output in W. Sahara by ’27
Morocco aims to double green electricity production in Western Sahara by 2027, setting a target of 1.4 gigawatts of…
Gold prices up amid Fed rate cut expectations
Gold prices edged up on Wednesday as market participants awaited more US economic data to determine the number of…
Egypt secures 50k tons of sunflower oil
Egypt's General Authority for Supply Commodities has signed a contract to import 50,000 tons of crude sunflower…
BOJ policymaker warns against premature rate hikes
Bank of Japan (BOJ) should gradually increase interest rates to avoid premature hikes, according to its policymaker…