Deforestation in Liberia threatens European cocoa market
The growing trend of deforestation in Liberia, driven by cocoa farmers from neighbouring Ivory Coast, poses a…
China holds rates steady despite positive economic data
China's central bank maintained its wait-and-see approach, keeping benchmark lending rates unchanged at its monthly…
West wrong on China’s clean energy ‘overcapacity’ – Bloomberg
The West’s concerns over China’s “overcapacity” in clean energy are misplaced, according to a recent Bloomberg…
Germany’s industrial production faces further decline in ’24 – BDI
Germany’s Federation of German Industries (BDI) warned on Monday that the country’s industrial production is likely…
Gold loses shine as focus shifts to US inflation data
Gold prices tumbled on Monday as hopes for a de-escalation in the Middle East reduced its safe-haven appeal.
World Bank’s IFC sees $1.9b investments in Ukraine projects
The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
Egypt resumes onion exports to Saudi Arabia – minister
Egypt has resumed onion exports to Saudi Arabia on April 1st, in conjunction with the start of the harvest season,…
Yuan strengthens slightly vs dollar on Monday
The Chinese yuan strengthened slightly against the US dollar on Monday, with the central parity rate set at 7.1043…
EGP sees minor early trading fluctuations against USD
Early trading hours of Monday, April 22, 2024, witnessed minor fluctuations in the Egyptian Pound (EGP) against the…
ECB governors voice concern over interest rate forecast publication
Governors of the European Central Bank (ECB) have expressed concerns over the idea of publishing their interest…
