World Nikkei hits near 1-month high on weaker yen; Sony soars on outlook Noha Gad May 25, 2016 0 Japanese stocks rose to a near one-month high on Wednesday as exporters received a boost from a stronger dollar…
World European bourses rally as euro falls, bank shares gain Yomna Yasser May 24, 2016 0 European stock markets rallied Tuesday, staging a turnaround as financial shares advanced sharply and the euro lost…
Arab Gulf stock markets mostly rise, quieter as Ramadan nears Yomna Yasser May 24, 2016 0 Most Gulf stock markets surged on Tuesday but trading volumes were small as some investors stayed away because of…
forex news Oil prices fall below $48 as dollar gains, but possible stock drawdown supports Noha Gad May 24, 2016 0 Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely…
World Asian shares rise, but Japan down on tax reports Noha Gad May 23, 2016 0 Asian shares rose on Monday after a solid session on Wall Street, while the dollar moved away from recent highs…
Banks Banque Du Caire delays launch of new fund by three months Yomna Yasser May 22, 2016 0 Egypt’s third biggest public lender Banque Du Caire has decided to delay the launch of its new investment fund by…
USA Wall Street finishes volatile week on high note as tech leads Yomna Yasser May 21, 2016 0 Wall Street rallied Friday, led by tech stocks on the back of Applied Materials' strong profit forecast, ending a…
World Asia stock markets mostly higher despite hawkish Fed comments; Nikkei rose 0.5% Yomna Yasser May 21, 2016 0 Most Asian stock markets gained Friday, retracing earlier losses, despite a fresh stream of hawkish commentary from…
EGX Investors panic, foreigners sell in Egypt’s stock market after EgyptAir plane… Yomna Yasser May 19, 2016 0 Egyptian stocks dived during early trade Thursday after an EgyptAir plane went missing causing investors to panic,…
Banks Fed signals interest rate hike firmly on the table for June Noha Gad May 19, 2016 0 Federal Reserve officials felt the U.S. economy could be ready for another interest rate increase in June,…