Bid to boost public transport in Egypt’s new urban communities
Egypt’s New Urban Communities Authority (NUCA) and Land Transport Regulatory Authority (LTRA) have signed a…
ECB prepares banks for a changing risk landscape
Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
Swiss franc falls to lowest after SNB rate cut
The Swiss franc experienced a sharp decline against the dollar following the Swiss National Bank (SNB) 25-basis…
Oil recovers on surprise US inventory draw
Oil prices saw a rebound on Thursday, with US crude and gasoline stocks witnessing a drawdown, according to…
Japan’s factory activity declines in March
Japan's factory activity declined at a slower pace in March, while the service sector continued to expand,…
Swiss National Bank makes first rate cuts in 9 years
The Swiss National Bank has on Thursday cut its main interest rate by 25 basis points, the first-rate reduction…
EU new car sales surge by 10.1% Y-on-Y in Feb.
New car sales in the European Union rose by 10.1 per cent year-on-year in February, with France, Italy, Spain, and…
Turkey to reconsider rate hike
Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
Asian stocks soar to record highs on Fed decosion
Gold prices and benchmarks in Tokyo and Taipei soared to record highs on Thursday, mirroring the S&P 500’s…
Most Japanese firms expect 0.25% rate hike in ’24
A Reuters survey revealed on Thursday that most Japanese firms anticipate a rise in interest rates by the central…
