TSMC beats forecasts with strong Q2 revenue driven by AI demand
TSMC exceeded analyst expectations in the second quarter with strong revenue growth fueled by high demand for AI…
Nigeria implements measures to curb food inflation
Nigeria is tackling soaring food inflation, the worst in three decades, with new measures. The government plans a…
Russia approves wealth tax amid ongoing conflict
The lower house of the Russian parliament approved a bill on Wednesday aimed at increasing income taxes for wealthy…
China’s lithium producers face financial problems
China's electric vehicle (EV) industry may be surging, but the companies that mine the lithium powering those…
Egypt’s local gold prices rise on July 10th
Egypt’s gold prices saw minimal fluctuations on Wednesday at 12:05 pm (9:05 GMT) compared to July 9th.
S. Arabia raises $12.35b from Aramco
Saudi Arabia has successfully secured $12.35 billion through a secondary share sale of Aramco, exercising an…
Fitch: Japan’s inflation, interest rate hikes may boost credit rating
Japan's increasing prices and interest rates could strain public finances but also lead to debt reduction and…
Egypt’s agricultural exports surge to $2.9b in H1 ’24
Egypt's agricultural exports in the first half of 2024 saw substantial growth, reaching $2.9 billion from nearly 5…
US economy shows signs of cooling – Fed Chair
Federal Reserve Chair Jerome Powell said late Tuesday night that the US economy is no longer overheated.
S. Arabia’s IPI declines in May
Saudi Arabia's Industrial Production Index (IPI) saw a notable decline of 2.9 per cent in May 2024 compared to May…
