France to present EU-compliant budget amid deficit concerns
French Finance Minister Antoine Armand announced that the government will present a budget this week that aligns…
Chinese tech giant leads $13b semiconductor rally
China's Semiconductor Manufacturing International Corp (SMIC) shares surged 28 per cent on Monday to a four-year…
EGP declines vs. USD at Monday’s close – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Russian stocks fall in midday trading
Russian stocks experienced a midday decline on Monday.
Al Majed for Oud soars in Saudi IPO
Al Majed for Oud Co., a Saudi Arabia-based perfume maker, surged by the maximum limit in its Riyadh stock market…
Germany’s economy likely to contract in ’24
Germany's economy is projected to contract by 0.2 per cent in 2024, according to the country's economy ministry,…
India’s c. bank likely to hold rates amidst economic uncertainty
The Reserve Bank of India (RBI) is expected to keep interest rates unchanged on Wednesday, with some investors…
Japan’s PM rules out immediate investment income tax hike
Japanese Prime Minister Shigeru Ishiba clarified on Monday that there are no immediate plans to raise taxes on…
EU approves €500m Romanian biofuel investment scheme
The European Commission has approved a €500 million (RON 2.5 billion) investment scheme in Romania aimed at…
India’s RBI urges banks to avoid rupee speculation
The Reserve Bank of India advised both state-run and private lenders to avoid excessive speculation against the…