China’s c. bank injects $281.6m into banking system
China's central bank announced a move to inject liquidity into the banking system on Wednesday, by conducting two…
China’s gold prices rise on Wednesday
China's benchmark prices for spot gold transactions on the interbank market edged higher on Wednesday.
EGX closes green on April 17th
Egypt’s stock market (EGX) closed green on Wednesday. The main index, EGX30 rose by 0.91 per cent, to 29,667.71…
EU mulls adding removal credits to carbon market
The European Union (EU) is contemplating the inclusion of emissions removal credits into its carbon market, Reuters…
Tesla eyes Indian market with potential $3b investment
Elon Musk, CEO of Tesla, plans to invest $2-$3 billion in India, which could significantly impact the country's…
VW, Xpeng team up to develop affordable EVs for China
Volkswagen (VW) announced a collaboration with Chinese electric carmaker Xpeng to develop a new electrical…
China’s yuan edges up slightly against US dollar
The Chinese yuan saw a small gain against the US dollar on Wednesday, Xinhua reported. The central parity rate, a…
China injects $28.16b early boost to ’24 investment plans
China is ramping up its economic stimulus by allocating over 200 billion yuan ($28.16 billion) early this year,…
US mortgage applications hike – MBA Weekly Survey
The US Market Composite Index, which measures mortgage loan application volume, rose by 3.3 per cent on a…
Japanese oil refiners foresee no immediate impact on crude despite geographical unrest
Japanese oil refiners, despite escalating tensions in the Middle East, foresee no immediate impact on crude…
