Featured Goldman Sachs cuts US recession odds to 15% Aya Anwar Oct 7, 2024 0 Goldman Sachs has lowered the likelihood of a US recession in the next 12 months from 20 per cent to 15 per cent…
Featured WB signs $200m loan to support Sri Lanka’s economy Nada Ali Oct 7, 2024 0 World Bank and Sri Lanka signed a $200 million deal for the Second Resilience, Stability, and Economic Turnaround…
Featured German manufacturing orders drop in August ’24 Aya El Sayed Oct 7, 2024 0 German manufacturing experienced a significant decline in real new orders, falling by 5.8 per cent in August 2024…
Banks Indonesia’s c. bank intervenes to support weakening rupiah Nada Ali Oct 7, 2024 0 Indonesia's central bank, Bank Indonesia (BI), is taking steps to bolster the rupiah, which is experiencing its…
Featured German retail sector down in September ’24 Aya El Sayed Oct 7, 2024 0 The German retail sector faced a setback in September, with the ifo Business Climate index declining to -25.6…
International News S. Korea imported passenger vehicles up 11.6% in Sep. ’24 Nada Ali Oct 7, 2024 0 The South Korea Automobile Importers and Distributors Association (KAIDA) reported 24,839 newly registered imported…
Commodities Iron ore rises on China stimulus speculation Aya Anwar Oct 7, 2024 0 Iron ore prices rose nearly 3 per cent in Singapore, marking a continuation of strong gains following an 18 per…
Featured UK house prices rise 0.3% in September – Halifax Aya El Sayed Oct 7, 2024 0 UK house prices rose by 0.3 per cent in September, maintaining the increase seen in August brought the average…
Industry & Trade Vietnam’s industrial production surges in Sep. ’24 Nada Ali Oct 7, 2024 0 Vietnam's industrial production index surged by an estimated 10.8 per cent in September 2024 compared to the same…
Featured Egypt’s investment minister reviews Forbes Tower project Aya El Sayed Oct 7, 2024 0 Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Magnum Properties CEO Majid Marei, the…