Bank of Russia sells yuan worth 7.3b roubles
The Bank of Russia sold yuan on the domestic market with settlements on August 20, 2024, amounting to 7.3 billion…
Egypt economy: FDI hits $23.7b net inflow in 1st 9m of FY 23-24
Egypt’s Foreign Direct Investments (FDI) in the first nine months of the 2023/24 fiscal year registered a net…
World Bank raises €2.5b euro bond, 1st for FY25
The World Bank, represented in the International Bank for Reconstruction and Development (IBRD), has successfully…
Egypt economy: Trade deficit widens by 22.3% in July-March of FY 23/24
Egypt’s trade deficit expanded by 22.3 per cent to $28.8 billion in the July-March of the 2023/2024 fiscal year.
S. Korea’s corporate bond issuance up to $15.1b in July
Corporate bond issuance rose 9.4 per cent to 20.1 trillion won ($15.1 billion) compared to June, according to…
S. Korea’s wage jobs surge in Q1
South Korea’s number of wage and salary worker jobs reached 20,521,000 in the January-March period, marking a…
Fitch Ratings: Kuwait banks benefit from surge in M&A
Kuwaiti banks are gaining from a rise in mergers and acquisitions (M&A), which Fitch Ratings views as a…
Australia greenlights world’s largest solar project
Australia approved the development of the world’s largest solar and battery farm, the $24 billion SunCable project,…
Switzerland launches instant payments
Switzerland introduced instant payments on August 20, 2024, with around 60 financial institutions now able to…
Russia-Japan trade turnover falls 32.47% Y-o-Y in July ’24
Trade turnover between Japan and Russia fell by 32.47 per cent year-on-year in July 2024, totalling 70.7 billion…
