Indonesia’s trade surplus reaches $3.56b in April
Indonesia's trade surplus in April came in slightly higher than forecasts at $3.56 billion, but concerns linger as…
China makes strides in high-tech memory chips
Chinese chipmakers are advancing in producing high-bandwidth memory (HBM) for AI applications to lessen dependence…
US, EU split on strategy for Russia’s frozen assets
The US and European nations are at odds over the handling of Russia’s frozen assets, estimated at around $300…
Global equities reach historic peak ahead of US CPI report
Global equities reached a historic peak before the upcoming US inflation report, anticipated to provide insights…
China’s c. bank collects $17.3b in MLF loans
China's central bank rolled over 125 billion-yuan ($17.3 billion) in maturing medium-term lending facility (MLF)…
Argentina slashes rates amid inflation concerns
Argentina has slashed its benchmark interest rate for the sixth time aiming to combat inflation while reducing the…
China holds rates steady despite calls for stimulus
China's central bank maintained its key interest rate on Wednesday, defying expectations for a cut in the face of a…
Australia sees slower wage growth in Q1
Australian wage growth slowed from 15-year highs in Q1 2024, indicating a potential peak in this cycle and a…
EGP takes a dip against USD in early market trade
The Egyptian Pound (EGP) slightly fell against the US Dollar (USD) at the market open on May 15, 2024.
Gold prices stable as eyes on key US data
Gold prices remained stable on Wednesday, with investors anticipating a key US inflation report that may influence…
