Lunar New Year pushes China’s tourism revenues up by 47.3%
China’s eight-day Lunar Year holiday boosted tourism spending by 47.3 per cent year-on-year (YoY) as domestic…
PBOC sets 7-day reverse repos to boost liquidity
The People’s Bank of China (PBOC) conducted on Sunday reverse repo operations totaling 105 billion yuan and…
Macquarie, Federated Hermes mull trimming UK’s Cadent stake
The Macquarie Group and U.S. based Federated Hermes are considering a collective sale of their stakes in UK's gas…
China c. bank holds rates at 2.50%
China's central bank held the interest rate on its one-year policy loans at 2.5 per cent on Sunday, as…
Nigeria’s inflation hits 29.90%, highest since mid-1996
Nigeria’s headline inflation rate rose to 29.90 per cent in January 2024, compared to 28.92 per cent in December…
EGX closes all green on Feb. 15
Egypt’s stock market closed in the green area on Thursday. The main index, EGX30 jumped by 0.18 per cent, to…
Nokia, Dell sign deal to advance private 5G, cloud networks
Nokia and Dell Technologies have announced a partnership to deploy private 5G networks and adapt networks to the…
S. Africa’s budget deficit to shrink slowly
South Africa's budget deficit will shrink in the upcoming years, at a pace slower than October estimates due to…
Russia’s Yandex yearly profit surges 53%
Russian search engine giant Yandex reported a 53 per cent increase in full-year revenue to $8.72 billion, driven by…
Russian gas transit via Ukraine no longer required – EU
The European Union (EU) thinks no need for the extension of the agreement to transport Russian gas to Europe via…
