EGX ends in green on May 7 after Easter holidays
Egypt’s stock exchange (EGX) ended higher on Tuesday, with the main index, EGX30 inching up by 1.21 per cent, to…
Nigeria imposes 0.5% cybersecurity levy on e-tranfers
Nigeria's central bank announced on Monday it will introduce a 0.5 per cent levy on all domestic electronic…
Russian court seizes $13m from JPMorgan, Commerzbank
A Moscow court authorised the seizure of a staggering 12.4 million euros ($13.34 million) of assets held in Russia…
Australia’s c. bank holds rates steady
The Reserve Bank of Australia (RBA) maintained interest rates at a 12-year high of 4.35 per cent on Tuesday.
China’s CITIC Securities trims H. Kong jobs
China's CITIC securities is laying off around a dozen investment banking jobs in Hong Kong, as a slowdown in…
Bank of Spain to increase ’24 growth projection in June
The Bank of Spain is set to increase its 1.9 per cent growth forecast for the Spanish economy in 2024, according to…
Russian stocks open lower on Tuesday early trade
The Russian stock market opened lower on Tuesday on the Moscow Exchange, with the MOEX Index dropping 0.88 per cent…
India’s fuel consumption surges 6.1% in April
India, the world's third-largest oil importer and consumer, saw its fuel consumption rise by a robust 6.1 per cent…
World Bank endorses $138.5m loan for Namibia
The World Bank has announced on Monday its approval of a $138.5 million loan to Namibia to enhance its transmission…
China’s Nio teams up with BYD for new EV brand “Onvo”
Chinese electric vehicle (EV) maker Nio has partnered with competitor BYD to source batteries for its upcoming…
