SK Hynix wins $950m of US grants for HBM Facility
The Biden-Harris Administration granted SK hynix a $450 million in federal incentives under the CHIPS and Science…
BofA: RBI expected to cut interest rates by 100 bps
The Reserve Bank of India (RBI) may reduce interest rates by 100 basis points starting in December as inflation…
Egypt among top 3 African investment destinations – RMB
Egypt has been ranked as the third-most attractive investment destination in Africa, according to a recent report…
India launches self-regulatory body for gold industry
India’s gold industry has taken a significant step to bolster consumer confidence by establishing a self-regulatory…
Sterling hits five-week low against dollar
The pound sterling fell to a five-week low against the dollar on Tuesday, trading at $1.2699, down 0.6 per cent and…
EGP almost stable vs. USD at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
Philippines inflation 4.4% up in July, casting doubt on rate cut
The Philippines' inflation rate unexpectedly climbed to 4.4 per cent in July, the Philippine Statistics Authority…
Canada mulls tariffs on Chinese EV imports
Canada is considering imposing tariffs on Chinese electric vehicle (EV) imports, with support from General Motors…
Yen reverses course, weakens against dollar
The Japanese yen, which had strengthened significantly, steadied against the dollar, while the Swiss franc also…
UK to overhaul inflation measurement with 1b grocery sales data
The UK will significantly enhance its inflation measurement by collecting price data from over 1 billion grocery…
