Taiwan’s export nudges 3.1% YoY in July – data
Taiwan's exports rose by 3.1 per cent year-on-year in July 2024 to reach $39.94 billion, while imports increased by…
JPMorgan raises US recession odds to 35%
JPMorgan has raised its estimate of a US recession by year-end to 35 per cent from 25 per cent, citing easing…
Global markets tumble, yen surges on Thursday
European stocks and US futures declined on Thursday following volatile sessions in Asia and on Wall Street.
China c.bank injects 7.1b yuan in reverse repos
People’s Bank of China (PBC) announced on Thursday seven-day 7.1 billion yuan (about $993.6 million) reverse repos…
Hisense Egypt, FBB Tech launch $38m Sokhna project
Haier Egypt, a company specialising in electrical appliances, and the Chinese industrial developer Teda Egypt…
Chinese yuan weakens to 7.1460 VS USD
The central parity rate of Chinese yuan weakened 74 pips to 7.1460 against the US dollar (USD)Thursday, according…
European gas prices hit highest level of ’24
European natural gas prices surged to their highest levels this year, trading near €39 per megawatt-hour, following…
Gold prices rebound amid Middle East tensions
Gold prices rebounded on Thursday, snapping a five-day losing streak.
EV battery safety under scrutiny in S.Korea after major fire
South Korea's environment ministry is set to hold an emergency meeting next week to address growing concerns over…
US overtakes China as Germany’s top trading partner
The United States surpassed China as Germany's largest trading partner in the first half of 2024, according to…
