Hungary’s govt. contemplates enforcing lower fuel prices
Hungary's government, led by Economy Minister Marton Nagy, is contemplating enforcing lower fuel prices following a…
Chinese yuan drops 12 pips vs dollar
The Chinese yuan weakened by 12 percentage in points (pip) to 7.0979 against the US dollar on Monday.
Half of poorest countries falling behind despite advantages – World Bank
Half of the world's 75 most vulnerable countries are falling behind wealthy nations in income growth, a new World…
China pours $281m liquidity to bolster business activity
The People's Bank of China (PBC) conducted seven-day reverse repos worth two billion yuan ($281.77 million) at an…
EGP dips against USD on Monday – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
China disguising imported Russian copper as scrap to avoid sanctions
Russian Copper Company (RCC) and Chinese firms are suspected of evading taxes and bypassing Western sanctions by…
European solar firms head west, hope for rescue wanes
European governments’ impending support for solar power manufacturers may be too late to prevent Meyer Burger, a…
Nigeria’s inflation surges to 33.20% YoY in March
Nigeria’s headline inflation surged to 33.20 per cent in March, up from February 2024's 31.70 per cent, marking a…
ECB rate cuts could exceed 3 in ’24 – Simkus
The European Central Bank (ECB) is considering more than three interest rate cuts this year, according to…
Egypt’s central bank raises ATM withdrawals to EGP30k
Egypt’s central bank decided on Monday to increase daily ATM withdrawals to 30,000 Egyptian pounds ($619.22) from…
