Global public debt to exceed $100T by year-end – IMF
Global public debt is set to exceed $100 trillion, or around 93 per cent of global GDP, by the end of 2024,…
Egypt’s external debt declines in H2 FY ’23/’24
Egypt's external debt reached $152.9 billion by the end of the second half of fiscal year 2023/2024, down nine per…
EGP up vs. USD in Tuesday’s early trade
The Egyptian pound (EGP) edged higher against the US dollar (USD) in most banks as trading began on Monday, October…
Gold prices slip amid Fed rate cut uncertainty
Gold prices decreased on Tuesday as investors await fresh insights on the Federal Reserve's stance on US interest…
China eyes $850b debt to fuel growth
China is considering raising an extra 6 trillion yuan ($850 billion) through special treasury bonds over 3 years to…
Asian markets rise amid strong US earnings
Asian stock markets mostly traded higher on Tuesday, buoyed by a strong close on Wall Street and optimism about…
Goldman Sachs improves China’s GDP outlook in ’24
Goldman Sachs raised its forecast for China's gross domestic product (GDP) growth in 2024 to 4.9 per cent from 4.7…
Indian rupee hits all-time low
The Indian rupee reached an all-time low on Monday, driven by a weaker Asian currency landscape and increased…
Indian car sales fall after 10 quarters of growth
Indian carmakers' sales to dealers experienced their first decline in ten quarters during the July-to-September…
India’s CPI edges up in Sep. ’24
India's annual consumer inflation rate, as measured by the Consumer Price Index (CPI), rose to 5.49 per cent in…