WB raises $6.5b in record sustainable bond deal
The World Bank has raised $6.5 billion through a dual-tranche Sustainable Development Bond transaction, marking its…
EGP fluctuates vs. USD in early Wednesday trade
The Egyptian Pound (EGP) showed little movement against the US Dollar (USD) as trading opened on Wednesday, August…
China’s PBC injects 258b yuan to boost liquidity
People’s Bank of China (PBC) announced on Wednesday seven-day 258 billion-yuan reverse repo at an interest rate of…
Gold prices retreats anticipating Fed minutes
Gold prices retreated slightly on Wednesday, following a rally driven by Western fund inflows and optimism about US…
Australia’s c. bank under pressure to ease rates
Australia's central bank is under pressure to ease its monetary policy soon as government relief measures lower…
Asian shares slip as investors eye Fed policy
Asian stocks took a breather after a stellar run on Wednesday as investors awaited key US economic data and…
US stocks halt big rally on Tuesday midday
US stocks slipped during Tuesday’s midday E.T., driven by a decline in energy stocks and cautious trading ahead of…
Azerbaijan formally applies to join BRICS
Azerbaijan formally applied Tuesday to join the BRICS bloc of developing economies, a day after Russian President…
Brazil’s real plunges as central bank chief softens stance on rate hike
The Brazilian real suffered significant losses on Tuesday after central bank governor Roberto Campos Neto tempered…
Fitch affirms New Zealand’s AAA+ rating with stable outlook
Fitch Ratings has maintained on Tuesday New Zealand's Long-Term Foreign-Currency Issuer Default Rating at AAA+ with…