EGP slips vs. USD at Wednesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
S. Africa’s annual inflation hits lowest since June ’20
South Africa's inflation slowed to 2.8 per cent in the 12 months to October 2024, down from 3.8 per cent in…
Fitch: US private credit default rate declines in Oct. ’24
Fitch Ratings has reported a slight decline in the US Private Credit Default Rate (PCDR) for October 2024, which…
UK house prices rise in Sept. ’24
Average UK house prices increased by 2.9 per cent to £292,000 in the 12 months to September 2024, up from a 2.7 per…
China overtakes Germany in industrial robot adoption
China has surpassed Germany in the deployment of industrial robots, according to a new report from the…
Eurozone construction output drops in September ’24
Construction production in the euro area and the European Union declined by 0.1 per cent in September 2024 compared…
Kenya targets 3.8% budget deficit for FY ’25/’26
Kenya will target a budget deficit of 3.8 per cent of GDP in the FY 25/26 , a senior official from the Ministry of…
ECB warns of AI stock bubble risk in stability review
The European Central Bank (ECB) issued a warning on Wednesday about a potential "bubble" in stocks related to…
Moody’s forecasts 5% growth for Egypt’s economy by FY25/26
Moody's forecasts Egypt's economy to grow 5 per cent in the 2025/2026 fiscal year and by 4 per cent in the current…
Taiwan’s export orders rise in Oct. ’24
Taiwan's export orders increased 4.9 per cent year-over-year in October 2024 to reach $55.5 billion.
