Pound sterling reaches all-time low against dollar
The pound on Monday reached a record low against the dollar as markets react to the UK's biggest tax cuts in 50…
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Asia
Apple to hike App Store prices in Egypt and other countries in Asia, Europe
Apple Inc announced on Monday major price hikes for apps and in-app purchases on its App Store, excluding…
Price cap to ship more Russian oil to Asia – Russian energy minister
Russian energy minister Nikolay Shulginov announced the country will ship more oil to Asia due to price caps on its…
UAE’s Ducab aims to increase exports to India after CEPA deal
UAE cable manufacturer Ducab is eyeing further growth opportunities in India following the signing of the…
EgyptAir to operate three flights to Asia, Africa on Tuesday
State-owned carrier EgyptAir will operate on Tuesday two flights from Cairo International Airport to bring home…
As coronavirus lockdowns ease, some countries announce new infection peaks
From the United States to Europe to Asia, the easing of some coronavirus lockdowns has allowed millions to go out…
IMF: Asian economic growth to halt for first time in 60 years due to coronavirus
Asia’s economic growth will halt for the first time in 60 years due to the coronavirus pandemic, the International…
Saudi Arabia seen cutting crude oil prices to Asia in September
Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asian markets for a second…
Asian shares tick higher
Asian shares surged after a cautious start, while the euro hovered near two-month lows as soft economic data fueled…
Asian shares rise as European central bank delays rate hike
Stocks in Asia advanced on Friday following positive developments overnight on U.S.-Mexico negotiations, while…
