Japan’s Nippon Steel to borrow $16bln to complete purchase of U.S. Steel
Nippon Steel will receive a total of $16 billion in loans three major banks for its proposed acquisition of U.S.…
Japan’s Canon chipmaking tools outperform expectations
Japan's Canon said on Tuesday that it is outperforming expectations with the early interest in its new lithography…
IMF cuts Argentina ’24 growth forecast to 2.8%
Argentina 2024 economic growth is expected to see a 2.8 per cent contraction below the October estimate of 5.6 per…
EGX heads north on Jan. 30
Egypt’s stock market closed in the green on Tuesday. The main index EGX30 rose by 3.83 per cent to 30,347.3 points
IMF trims Egypt’s growth forecast to 3% for current financial year
The International Monetary Fund (IMF) lowered its projections for Egypt’s real GDP growth for the current financial…
China’s 10-yr bond yield falls to 2.47%
China’s 10-year government bond yield dropped to 2.47 per cent, hitting its lowest level in nearly 22 years on rate…
Morocco pacts with Nareva, GE Renova in green hydrogen project
Moroccan utility ONEE announced on Tuesday a partnership with renewable energy firms Nareva and GE Renova to…
Germany’s GDP expects to fall 0.2% in Q1 ’24
Germany’s GDP expects to see another technical recession of about 0.2 per cent decline in the first quarter (Q1) of…
HSBC faces £57mln penalty for depositor protection violations
The Bank of England’s Prudential Regulation Authority (PRA) imposed a fine of £57.4 million ($73 million) on HSBC…
Turkey changes regulations to save lira from further falling
Turkey changed regulations on Tuesday to prevent savers from moving their money to foreign currencies and relieve…
