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Money
China’s largest bank to issue 1st-ever TLAC bonds
Industrial and Commercial Bank of China (ICBC) plans to issue $4.15 billion in TLAC bonds on May 15th.
Egypt’s CBE offers EGP 60b in T-bills on Sunday
The Central Bank of Egypt (CBE) on Sunday offered a total of 60 billion Egyptian pounds in two treasury bill…
Egypt’s CBE issues auctions overview for investors
The Central Bank of Egypt (CBE) conducts auctions for both Open Market Operations (OMO) and government securities,…
SoftBank’s Arm to develop AI chips by 2025
Arm, a subsidiary of SoftBank Group, is venturing into the development of artificial intelligence (AI) chips with…
Tadawul to see influx of IPOs
Saudi Arabia boasts over ten companies eagerly awaiting to embark on initial public offerings (IPO) on its stock…
Bank of England holds rates at 5.25%
The Bank of England's Monetary Policy Committee (MPC) opted on Thursday to maintain the benchmark interest rate at…
Spain’s BBVA launches €12.23b hostile bid for Sabadell
Spanish bank BBVA launched a hostile takeover bid for Sabadell, offering 12.23 billion euros ($13.1 billion) in an…
Turkey’s c. bank stops currency support
Turkey's central bank has discontinued another measure aimed at supporting the lira, a move that has faced…
Turkey central bank raises inflation forecast to 38%
Turkey central bank raised its year-end inflation forecast to 38 per cent up from 36 per cent, signalling readiness…
IMF approves $1,15m loan to Bangladesh
The International Monetary Fund (IMF) announced a staff-level agreement to provide Bangladesh with $1,15 million.