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China optimism fades, markets tumble
Chinese shares dropped on Wednesday, and commodities saw significant losses as investors tempered their optimism…
N. Zealand c. bank cuts interest rates to 4.75%
The Reserve Bank of New Zealand (RBNZ) announced a significant reduction in the official cash rate (OCR) to 4.75…
Brussels rejects China’s EV pricing proposal, sparking trade tensions
Brussels has rejected a Chinese proposal to set a minimum sales price of €30,000 for imported Chinese-made electric…
Brazil consumer prices likely up in Sept
Brazil's consumer prices are expected to be higher in September than that of August, due in part to severe drought…
US trade deficit contracts 10.8% in August
The US trade deficit narrowed sharply in August as exports rose and imports dropped, according to the latest data…
China’s c.bank injects liquidity under reverse repo
The People's Bank of China (PBC) injected 41.7 billion yuan ($5.9 billion) into the banking system on Tuesday…
Scatec, Germany’s PtX Fund sign €30m grant for Egypt’s green hydrogen project
Norwegian renewable energy producer Scatec signed on Tuesday a €30 million grant agreement with the PtX Development…
Egypt to implement 1st package of tax reforms soon – FinMin
Egypt’s Finance Minister Ahmed Kouchouk on Tuesday announced that the first package of tax reforms will be fully…
Egypt c. bank denies issuing new EGP 200 notes
The Central Bank of Egypt (CBE) categorically denied on Tuesday the issuance of a new 200 Egyptian Pound note dated…
Egypt’s SCZONE unveils $1.8m investment in solar mounting systems project
The Suez Canal Economic Zone (SCZONE) announced on Tuesday the signing of the first phase of PYRAMIDS ALU Project,…