India’s business activity reaches 61.4 in July – PMI shows
India's business activity accelerated at its fastest pace in three months in July, driven by strong demand,…
Italy’s GDP rebounds to pre-crisis levels – IMF
Italy's economy expanded by 0.9 per cent in 2023, and by the first quarter of 2024, real GDP had surpassed…
Japan’s factory activity contracts amid rising costs – PMI
Japan's manufacturing sector experienced a slight contraction in July to 49.2 compared to 50.0 in June.
Gold prices edge higher amid anticipation of Fed rate cuts
Gold prices saw a slight increase on Wednesday as investors eagerly await key US economic data that could influence…
Asian stocks quiet, yen surges on Wednesday
Asian stocks were subdued on Wednesday due to underwhelming earnings from US tech giants Tesla and Alphabet.
CBE, Baheya Foundation launch new initiative for women in banking
The Central Bank of Egypt (CBE) and Baheya Foundation have joined forces to launch Sehetak Amana (Your Health is a…
India removes import taxes to accelerate green energy uptake
India will scrap import taxes on 25 critical minerals and ramp up efforts to develop small-scale nuclear reactors…
EGX ends in green on July 23
Egypt’s stock market (EGX) ended trading on Tuesday in green notes, with the main index EGX30 going up by 0.70 per…
Germany records €23.6b budget deficit in H1 ’24
Germany's federal budget recorded a deficit of €23.6 billion for the January–June 2024 period.
Germany’s federal expenditure down 4.0% in H1 ’24
Germany's federal expenditure amounted to €220.0 billion from January to June 2024, reflecting a 4.0 per cent (€9.2…
