Chinese yuan weakens slightly against dollar
The Chinese yuan weakened slightly against the US dollar on Wednesday, with the CFETS setting the central parity…
Bundesbank raises inflation alert amid surging wages
Germany’s central bank, the Bundesbank, reported on Wednesday that wages in the country have been rising faster…
China mulls 25% tariffs on large gas cars – expert
Chinese government-affiliated auto research body has proposed raising import tariffs on large gasoline-powered cars…
Huawei launches $300m cloud zone in Egypt
Huawei Cloud has launched its first cloud zone in Egypt, investing $300 million to become the first company…
UK house prices see first annual increase in 9 months
British house prices increased by 1.8 per cent annually in March, marking the first rise since June of the previous…
Europe pioneers in AI regulation with new laws
The European Union’s (EU) landmark rules on artificial intelligence (AI), known as the AI Act, will come into force…
Turkey’s central bank to maintain rate pause amid inflation surge
Turkey’s central bank is expected to overlook a surge in inflation to around 75 per cent this month, likely…
EU watchdog seeks oversight of cross-border finance firms
The European Securities and Markets Authority (ESMA) has called for direct supervisory powers over cross-border…
Egypt’s PM urges Arab co-operation
Mostafa Madbouly, Egypt's Prime Minister, represented President Abdel Fattah El-Sisi at the annual joint meetings…
Japan urges reforms ahead of G7 meeting – Kanda
Japan's chief currency diplomat, Masato Kanda, called for action to address structural issues and enhance…
