International News China’s manuf. activity contracts, PMI slumps to 49.8 Nada Ali Aug 1, 2024 0 China's Caixin/S&P Global manufacturing purchasing managers' index (PMI) decreased to 49.8 in July, down from…
Banks New Zealand’s c. bank keeps rates at 5.5% in June Nada Ali Jul 10, 2024 0 New Zealand's central bank (RBNZ) left its key interest rate unchanged at 5.5 per cent as expected on Wednesday.
International News German industrial production dipped in March – data Nada Ali May 8, 2024 0 German industrial production dipped 0.4 per cent in March compared to February, down from analyst expectations of…
Featured Sweden’s central bank holds rates, eyes cuts Aya El Sayed Mar 27, 2024 0 Sweden’s central bank, the Riksbank, maintained its key rate at 4 per cent on Wednesday, indicating that easing…
Banks China’s PBOC keeps LPR unchanged at 3.45% Nada Ali Jan 22, 2024 0 The People's Bank of China (PBOC) left the one-year loan prime rate (LPR) unchanged at 3.45 per cent in line with…
Banks Egypt’s inflation likely to trigger interest rate hike Yassmine Elbehnaihy Jul 11, 2023 0 Egypt’s inflation has jumped to 36.8 percent, and as a result, Egyptian policymakers are likely to keep adopting…
International News Chinese tourists are back amid COVID restrictions ease Sama Mousa Apr 19, 2023 0 Bookings of trips in China point to a continuous recovery in tourism to Asian counties, however, numbers are still…
Money Capital Economics gloomily sees Egypt in worst recession since 1954 due to coronavirus Amwal Al Ghad English Apr 30, 2020 0 Egypt could be plunged this year into its worst economic recession since 1954 due to the novel coronavirus…
Money Capital Economics: The indirect coronavirus fallout is ‘battering’ Africa economies Amwal Al Ghad English Feb 11, 2020 0 The indirect economic fallout from the coronavirus outbreak is hitting Africa, with the sharp decline in commodity…
forex news Crude Oil Prices Rebound No Threat to Global Economy Administrator May 9, 2015 0 A 50 percent recovery in crude oil prices raises concerns about its impact on global economy, but analysts see more…