forex news Indian rupee slips despite Asian gains Nada Ali Jun 6, 2024 0 The Indian rupee weakened against the US dollar on Thursday, defying the trend of broad gains in other Asian…
Industry & Trade Australia’s trade surplus rebounds in April Nada Ali Jun 6, 2024 0 Australia's trade surplus on goods rebounded in April due to a significant decline in imports, following several…
Energy Clean energy spending to double fossil fuels in ’24 – IEA Aya El Sayed Jun 6, 2024 0 Global spending on clean energy technologies is set to hit $2 trillion in 2024, almost double the $1 trillion…
Egypt News Egypt’s CBE offers EGP 45b in T-bills Nada Ali Jun 6, 2024 0 The Central Bank of Egypt (CBE) is offering 45 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
News ECB to begin rate cuts amid continued inflation struggles Aya El Sayed Jun 6, 2024 0 The European Central Bank (ECB) is poised to cut interest rates from record highs on Thursday, reflecting progress…
Commodities Gold nears record high as rate cuts loom Nada Ali Jun 6, 2024 0 Gold prices extended their gains in Asian trade on Thursday, buoyed by expectations of interest rate cuts from the…
Stocks Asian stocks up on Fed rate cut hopes Nada Ali Jun 6, 2024 0 Asian equity markets rallied on Thursday, fuelled by rising expectations that the US Federal Reserve will cut…
Featured Bank of Canda cuts rates, leads G7 in easing policy Yomna Yasser Jun 5, 2024 0 The Bank of Canada has on Wednesday cut interest rates by a quarter of a percentage point, making it the first…
Featured Egypt’s Finance Ministry to release new export support package tomorrow Aya Anwar Jun 5, 2024 0 The Ministry of Finance announced the commencement of a new phase in its Export Support programme, aimed at…
Banks China’s CITIC cuts banker pay at CLSA Nada Ali Jun 5, 2024 0 China's CITIC Securities is slashing base salaries for over 100 bankers at its Hong Kong-based platform, CLSA.