China c. bank conducts $280.56m of reverse repos
The People’s Bank of China (PBC) conducted a 7-day reverse repo of 2 billion yuan ($280.56 million) at 1.8 per cent…
Gold slips after Friday’s surge
Gold prices dipped on Monday as investors took profits after a strong rally on Friday fuelled by rising bets on US…
Oil steady on Monday
Oil steadied after four weeks of gains, with Brent holding above $86 a barrel and West Texas Intermediate around…
Asian stocks edge up on rate cut hopes, euro stumbles
Asian stocks inched higher Monday as investors grew more confident about a potential US interest rate cut in…
EGX closes in green area on July 7
Egypt’s stock market (EGX) closed in the green area on Sunday. The main index, EGX30 jumped by 0.84 per cent, to…
China’s BYD to acquire 20% stake in Thai distributor
BYD Co., a Chinese EV leader, strengthens its Southeast Asia grip with a 20% stake in Thai distributor Rever…
Afreximbank expands East African trade scheme
Afreximbank and BSMART Technology Ltd have expanded the Afreximbank African Collaborative Transit Guarantee Scheme…
EGP closes high vs. USD on Sunday – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Gazprom reduces gas supply to Europe via Ukraine
Gazprom's volume of gas pumped to Europe via Ukraine decreased to 42.1 million cubic meters (mcm) on July 7, down…
China allocates 200m yuan for flood relief
China's NDRC has allocated 200 million yuan ($28.05 million) from the central budget to aid flood-affected Hunan…
