Asian shares mixed before Fed’s rate cuts
Asian shares were mixed on Wednesday as investors awaited the Federal Reserve's decision on rate cuts, as reported…
South Korea commits 420T won for green projects
South Korea pledged a massive 420 trillion won ($313.4 billion) in policy loans aimed at funding initiatives that…
China boosts liquidity via ¥5b reverse repo
The People's Bank of China (PBC) announced on Tuesday that it injected 5 billion yuan into the banking system…
Central banks turn to AI for climate risk assessment
Central banks have embarked on a pioneering initiative, utilising artificial intelligence to enhance the assessment…
SNB sells forex worth CHF132.9b in ’23
The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.
Egypt’s PM: S&P upward revision reflects confidence in economic reform agenda
Egypt’s Prime Minister Moustafa Madbouly highlighted on Tuesday Standard & Poor's upgraded Egypt's future…
Pfizer sells $3.9b of stakes in Haleon
Haleon, British multinational consumer healthcare company, announced on Tuesday that its top shareholder, Pfizer,…
Egypt’s EGX closes all red 3rd day straight on March 19
Egypt’s stock exchange (EGX) closed all red for the third day in a row on Tuesday, with the main index, EGX30…
Egypt earmarks EGP 596b for subsidies in 2024-25 budget
Egypt plans to earmark around 596 billion Egyptian pounds ($12.6 billion) for subsidies in its 2024/2025 state…
Egypt targets primary surplus of 3.5% in FY2024/25
Egypt aims for an initial surplus of 3.5 per cent in the general budget for fiscal year 2024/2025, with a target to…
