Greece to unveil painful 2016 draft budget
Greece will unveil a painful 2016 draft budget on Monday meant to satisfy international creditors, projecting the…
Browsing Tag
Economy
Wall Street opens higher, recouping some post-Fed losses
U.S. stocks opened higher on Monday, recovering some of their big losses last week when the Federal Reserve's…
Oil prices mostly steady, but weak Asian economy weighs
Brent crude oil prices edged down slightly on Tuesday as Asia's economic weakness persisted, extending losses into…
Real Estate Powering Egyptian Economy in 2015
In the last few critical years of Egypt's history, the growth of its economy has depended heavily on the…
Asia shares stage patchy recovery but volatility seen staying high
Asian shares struggled to recover on Thursday with volatility remaining high, while emerging economy and…
German unemployment drops as economy brushes off global slowdown
German unemployment declined in August in a sign of confidence that Europe’s largest economy will continue growing.…
Massive gas find promises to ease Egypt’s fuel crisis
The discovery of a huge gas field off Egypt's coast promises to ease a long-running fuel crisis and boost the…
Oil falls back below $49 as glut, China concerns weigh
Oil fell below $49 a barrel on Monday after its biggest two-day rally in six years last week, pressured by a supply…
China is growing at ‘reasonable’ pace despite pressures: Premier
China's economy is growing at a "reasonable" pace and, despite growing pressure, the government can handle well the…
Oil near six-and-a-half-year lows as China economy fears linger
Crude oil futures edged up on Wednesday, but were still not far off 6-1/2 year lows after China's central bank…
