S&P Global: UK factory activity contracts for 8th month
UK manufacturing sector remained in contraction in May, though the pace of decline slowed, offering tentative signs…
Egyptian pound rises vs. USD at Monday’s close
The Egyptian pound (EGP) appreciated against the US dollar (USD) on Monday, June 2 2025, according to data from the…
Microsoft to invest $400m in Swiss AI, cloud infrastructure
Microsoft said it will invest $400 million in Switzerland to expand its cloud computing and artificial intelligence…
Japan factory activity nears stabilisation in May – PMI
Japan’s factory activity rose to 49.4 in May from 48.7 in April, remaining below the 50.0 threshold for the 11th…
EGX closes mostly higher, EGX30 bucks trend on June 2
The Egyptian Exchange (EGX) ended mostly in positive territory on Monday, with the benchmark EGX30 index the sole…
Indian delegation in Egypt for diplomatic, counterterrorism talks
A high-level multi-party delegation from India began an official visit to Egypt on Monday, aiming to bolster…
Sterling rises on economic data, defence spending eyed
Sterling strengthened on Monday as investors digested upbeat UK economic data and the government’s plans to boost…
S.Korea factory activity contracts again in May – PMI
South Korea’s manufacturing sector shrank for a fourth straight month in May as output and new orders fell more…
Indian rupee strengthens on weaker dollar
The Indian rupee strengthened on Monday, supported by a softer US dollar and foreign inflows linked to global…
EU readies new Russia sanctions with US coordination
The European Union is preparing its 18th package of "hard-biting" sanctions targeting Russia, aiming to tighten…