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Money
Fidelity to start layoffs in China
Fidelity International Limited (FIL) is reportedly initiating layoffs at its primary China division, aligning with…
Japanese shares hike following BOJ’s decision
Japanese shares rose on Tuesday as the Bank of Japan ended eight years of negative interest rates, marking the…
BOJ ends negative rates, marking 1st hike in 17 years
The Bank of Japan (BOJ) made a historic shift on Tuesday by ending eight years of negative interest rates and other…
World Bank announces more than $6b support package for Egypt
The World Bank announced on Monday plans to provide more than $6 billion in support to Egypt throughout the coming…
CBE: Egyptian banking’ net profit records EGP 283.4b in ’23
The Egyptian banking sector saw its net profit grew by more than half throughout 2023, the central bank said in its…
Adani Group’s US bonds hit 2-month low
Adani Group dollar bonds hit a two-month low on Monday after reports of widened US investigation into potential…
Pakistan’s c. bank holds rate steady at 22%
Pakistan's central bank maintained its key interest rate at 22 per cent for the sixth consecutive policy meeting on…
Turkey likely to keep rate unchanged this week
Turkey's central bank is expected to maintain its key interest rate at 45 per cent this week, according to a…
Malaysia’s ringgit gains, bonds attract investors
Malaysia's ringgit has emerged as one of the strongest performers among Asian currencies this month, providing…
China’s property investment, sales decline at slower pace
China's housing market showed signs of improvement at the start of the year, with property investment and sales…