EGX launches 1st shariah-compliant index
The Egyptian Exchange launched the EGX33 Shariah index, which includes 33 companies that follow the principles of…
ECB’s Kazaks: cautious approach needed for rate cuts
The European Central Bank (ECB) should approach rate cuts cautiously to avoid a resurgence in inflation, advised…
IMF expects China to reschedule Argentina’s $18b debt repayments
The International Monetary Fund (IMF) expects China to reschedule payments on a portion of its $18 billion swap…
Japan’s wholesale price inflation soars in May – data
Japan's wholesale inflation surged in May, marking its sharpest increase in nine months.
EGP flat against USD in early Wednesday trade
The Egyptian Pound (EGP) saw no changes against the US Dollar (USD) at the start of trading on Wednesday, June 12,…
Chinese solar firms urge govt. to curb price freefall
Chinese solar panel manufacturers are urgently seeking government intervention to curb investments and industry…
Asian gold demand soars despite record prices
Gold demand across Asia is surging despite hovering near record highs $2,300 per ounce set in May, driven by…
Oil up on Wednesday
Oil prices surged as industry data indicated a decrease in US crude stockpiles before an IEA report on market…
China’s inflation stays flat at 0.3% YoY in May
China's Consumer Price Index (CPI) held steady in May at 0.3 per cent year-on-year, matching April's figure but…
UK GDP flat in April – ONS
Britain's economic output remained unchanged in April, as reported by the Office for National Statistics (ONS) on…
