International News China’s manuf. activity contracts, PMI slumps to 49.8 Nada Ali Aug 1, 2024 0 China's Caixin/S&P Global manufacturing purchasing managers' index (PMI) decreased to 49.8 in July, down from…
Featured EGP stable vs. USD on August 1 Aya El Sayed Aug 1, 2024 0 The Egyptian Pound (EGP) remained stable against the US dollar (USD) at the start of trading on Thursday, August 1,…
Money Egypt’s CBE auctions EGP 65b in T-bills Nada Ali Aug 1, 2024 0 The Central Bank of Egypt (CBE) offered the first treasury bills (T-bills) for August, amounting to EGP 65 billion.
Industry & Trade India’s manufacturing sector maintains robust growth – PMI Nada Ali Aug 1, 2024 0 India's manufacturing sector continued to expand at a healthy pace in July, driven by strong domestic demand.
Featured BoE poised for possible rate cut – poll Aya El Sayed Aug 1, 2024 0 The Bank of England (BoE) may cut interest rates on Thursday after keeping them at a 16-year high of 5.25 per cent…
Industry & Trade S. Korea’s factory PMI drops to 51.4 in July Nada Ali Aug 1, 2024 0 South Korea's manufacturing sector grew in July with a S&P Global Purchasing Managers' Index (PMI) reading of…
Featured ASEAN manufacturing grows despite rising inflation Aya Anwar Aug 1, 2024 0 ASEAN manufacturers experienced the strongest new order growth in 15 months In July, according to the S&P…
Industry & Trade S. Korea’s exports jumps 13.9% YoY in July Nada Ali Aug 1, 2024 0 South Korea's exports surged 13.9 per cent year-on-year in July, reaching $57.49 billion, marking the fastest…
Commodities Gold prices surge on Fed rate cut hopes Nada Ali Aug 1, 2024 0 Gold prices reached a two-week high on Thursday following Federal Reserve Chair Jerome Powell's hint at possible…
Stocks Asian markets rally on tech surge Nada Ali Aug 1, 2024 0 Asian stocks surged on Thursday, mirroring a powerful rebound in global technology shares led by Meta and Nvidia.