European bank rebound not enough to save world stocks from further losses
World stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank…
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Bank
CBE stabilises US dollar exchange rate, confuses dollar holders once again
The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate against the Egyptian pound at EGP 8.78 in…
Don’t panic, Nigerian central bank governor says, as bank shake-out looms
Breaking the central bankers' taboo on use of the 'p-word', Nigeria's Godwin Emefiele is urging people not to panic…
Greek central bank head sees primary surplus at 1.3% of GDP
Greece's central bank forecasts the country will post a primary surplus of 1.3 percent of gross domestic product…
Egypt’s CIB posts higher net income, revenues in Q2
Commercial International Bank (CIB) , Egypt's largest listed company, on Wednesday reported a 28 percent rise in…
PM Abe’s plan for $265 billion stimulus puts pressure on BOJ to ease
Japan's prime minister unveiled a surprisingly large $265 billion stimulus package on Wednesday to reflate the…
European shares open slightly lower, Commerzbank slips
European shares were slightly lower in early trading on Tuesday with Commerzbank among the leading fallers after…
57% of Egypt’s companies are secluded from banking fund: EIB chief economist
Most companies in Egypt claim that they have restricted access to credit, and about 57% of them are isolated from…
Indonesia central bank seen cutting key rate again to try to spur growth
Indonesia's central bank on Thursday is expected to make its fifth policy rate cut this year as it tries to help…
Dollar slips vs yen on profit-taking; kiwi tumbles
The dollar sagged against the yen on Tuesday as investors took profit after its recent rally, while the kiwi was…