France moves forward with budget process – Le Maire
France’s caretaker government is moving forward with preparations to present budget bills for parliamentary…
Japan bond yields surge on BOJ tightens policy
Short-term Japanese government bond yields reached 15-year highs, and Japanese bank shares surged on Wednesday as…
World Bank approves $1.5b for Ethiopia
The World Bank (WB) has approved a $1.5 billion policy operation to support Ethiopia's sustainable and inclusive…
Swiss National Bank faces 2b franc loss in Q2 ’24
The Swiss National Bank (SNB) reported a 2 billion Swiss franc ($2.27 billion) loss for the second quarter,…
S. Korea vows to curb household debt risks
South Korea’s incoming financial regulator has pledged to closely monitor and manage risks associated with…
EGP holds steady against USD in early Wed. trading
The Egyptian Pound (EGP) held steady against the US dollar (USD) at the start of trading on Wednesday, July 31,…
UK boosts renewable power auction budget by 50%
The UK government has boosted its annual renewable power auction budget by 50 per cent, increasing it to £1.5…
FAO, EU launch €47m programme for E. African pastoralists
The Food and Agriculture Organisation (FAO) and the European Union (EU) have launched a €47 million programme to…
S. Arabia GDP down by 0.4% in Q2
Saudi Arabia's real Gross Domestic Product (GDP) contracted by 0.4 per cent in the second quarter of 2024 compared…
India to keep door open for foreign bond investments – Reuters
India has no immediate plans to reimpose foreign investor limits on new issuances of 5-year, 7-year, and 10-year…
