Gold eases back as economies reopen; hopeful investors take on more risk
Gold prices eased back on Friday from its highest in nearly two weeks, as investors grew hopeful about economies…
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economies
Interest rate likely to fall by 1 to 2% in 2019: Hermes
EFG Hermes, a leading financial group and one of the biggest investment banks in Egypt, expected on Thursday that…
European markets seen lower amid fresh US trade tariff threat
European markets are set to open lower Monday morning, amid renewed fears over an escalating trade war between the…
Gold prices edges higher as dollar eases, trade dispute intensifies
Gold prices inched up on Tuesday as the dollar held near a two-week low hit in the previous session against the…
European shares open higher despite renewed concerns over US-Sino trade talks
European shares opened slightly higher Thursday morning, after comments from President Donald Trump indicated fresh…
European stocks to open lower as Trump cools US-Sino trade optimism
European stocks are set to open lower on Wednesday morning, amid souring market sentiment over the progress made in…
Dollar prices inch up vs yen as US-China trade war fears recede
The dollar advanced against the yen on Monday, after U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war…
Wall Street closes higher as US-China trade concerns abate
Wall Street closed higher on Monday amid hopes of a potential breakthrough in trade tensions between the U.S. and…
US stocks to rise at the open as trade concerns abate
U.S. stock index futures pointed to gains at the open Monday, amid hopes of a potential breakthrough in trade…
Dollar gains versus yen as risk appetite improves after Xi speech
The dollar prices bounced against the yen on Tuesday, with broader risk appetite improving after a speech by…
European markets seen higher as China’s Xi soothes trade war fears
European markets are set to open higher on Tuesday morning, after Chinese President Xi Jinping sought to soothe…
US oil closes 2.3% lower after Trump’s latest China trade threats
Oil prices fell on Friday after U.S. President Donald Trump's threat of new tariffs on China reignited fears of a…
International Finance Corporation eyes investment boost in Egypt: minister
The International Finance Corporation (IFC) weighs boosting financing programmess dedicated to invest in Egypt's…
Trump says stands with Japan against North Korean ‘menace’, working on trade
U.S. President Donald Trump said on Monday that America stood with close ally Japan against the North Korean…
Visa launches foundation for MSMEs growth with initial focus on Egypt and Nigeria
Global payments technology company Visa has launched the newly-incorporated Visa Foundation, which has been…
U.N. deputy Syria envoy hopeful for southwest ceasefire deal
A ceasefire deal agreed for southwestern Syria is a positive development that could help prop up the political…
After handshakes and concert, G20 seeks ‘difficult’ consensus
Leaders from the world's top economies meet to forge a consensus on trade and climate change on Saturday after…
US oil prices drop on rising shale petroleum forecasts
U.S. oil prices eased in Asian trade on Tuesday after the International Energy Agency (IEA) forecast U.S. shale…
G20 will use ‘all policy tools’ to protect growth as Brexit looms
Leaders from the world's biggest economies are poised on Sunday to renew their commitments to support global growth…
G20 officials vow to tackle steel, industrial overcapacity
The world's top economies will work to tackle excess production capacity in steel and some other industries,…
China spends more on infrastructure than the U.S. and Europe combined
Despite a crying need for better infrastructure, investment in it has fallen in 10 major economies, including…
G20 to say world needs to look beyond ultra-easy policy for growth
The world's top economies are set to declare on Saturday that they need to look beyond ultra-low interest rates and…
Oil prices drop on rising stockpiles, slowing Asian economies
Crude oil prices fell on Wednesday after industry data showed an increase in U.S. stockpiles, while China's factory…
G20 seeks to lift market mood, douse China fears
Ministers and central bank chiefs from the world's top 20 economies sought Saturday to bolster market confidence…
Egypt eyes Economic Recovery with $8bn Suez Canal project
Egypt, one of Africa’s biggest economies and tourist destinations, has started its path to economic recovery away…
Arab Spring Economies To Recover Slowly In 2013: IMF
Most economies hit by the Arab Spring uprisings will recover slowly next year, grappling with high inflation and…
IMF wants to boost Finances
Chancellor George Osborne is under pressure from the International Monetary Fund (IMF) to provide more loans to…
GCC economy “returns to normal” after 2011 high growth
The economies of Gulf hydrocarbon producers are projected to return to normal growth rates of around four per cent…