Aussie pension funds eye cuts to asset management fees
Australia's robust A$3.7 trillion ($2.5 trillion) pensions industry is adept at negotiating lower asset management…
Gold inches up on expectations for Fed rate cuts
Gold prices rose on Thursday after US CPI eased concerns about rising prices, increasing expectations of Federal…
Microsoft eyes relocation for China-based AI staff
Microsoft is relocating 700-800 China-based employees specializing in machine learning and cloud computing due to…
EGP dips against USD in early Thursday trade
The Egyptian Pound (EGP) experienced a slight decline against the US Dollar (USD) at the market open on Thursday,…
Egypt’s CBE offers EGP 45b in T-bills
The Central Bank of Egypt (CBE) on Thursday announced a total of 45 billion Egyptian pounds in two treasury bill…
Oil up on Thursday
Oil went up for the second consecutive day, lifted by a decrease in US oil reserves and a broader positive…
Australian job market exceeds expectations in April
Australian employment rose more than expected in April, with net employment increasing by 38,500 jobs, surpassing…
Asian stocks soar after milder US inflation data
Asian stock markets surged on Thursday, following Wall Street's record highs due to a weaker-than-expected US…
Abu Dhabi’s Lunate Capital launches Japanese ETF
Abu Dhabi investor Lunate Capital is set to introduce an exchange-traded fund (ETF) that tracks Japanese equities,…
Egypt approves draft law on state-owned companies
The Egyptian Cabinet approved a draft law on Wednesday aimed at regulating the state’s ownership of companies it…
