WB: Inflation erodes living standards in Laos
The World Bank (WB) said that high inflation in Lao is impacting living standards, changing the labour force, and…
Asian markets seek recovery amidst US rate cut hopes
Asian stock markets attempted to recover on Thursday, as investors weighed the potential for aggressive interest…
EGP flat vs. USD in early trade
The Egyptian pound (EGP) remained unchanged against the US Dollar (USD) as trading began on Thursday, September 5,…
CBE Governor Hassan Abdalla reiterates commitment to supporting African financial…
Central Bank of Egypt (CBE) Governor Hassan Abdalla held bilateral meetings with the governors of the central banks…
Poland c.bank leaves interest rates unchanged
Poland’s central bank, the National Bank of Poland (NBP) left its interest rates unchanged on Wednesday.
Unilever receives approval to sell Russian assets
Consumer goods giant Unilever has secured Russian government approval to divest its assets in the country
Bank of Canada cuts policy rates by 25 basis points
The Bank of Canada decided on Wednesday to cut policy rates by a quarter percentage point for a third consecutive…
US job openings hit 3-1/2-year low in July
US job openings fell to a 3-1/2-year low in July, suggesting the labour market was losing steam.
China inks deal to revamp Mao-era railway in Zambia
China signed on Wednesday an agreement to revamp the Tazara railway, a vital transportation link between Zambia and…
Spain names Minister Escriva new central bank governor
The Spanish government has appointed Digital Transformation and Civil Service, Jose Luis Escriva as the new…