Dollar extends bounce vs yen on US, Japanese policy expectations
The dollar extended gains against the yen and euro on Monday as U.S. Federal Reserve policymakers took an upbeat…
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Economy
Egypt’s CBE closed 53 forex bureaus since beginning of year
A total of 53 foreign exchange bureaus have been closed since the start of the year, deputy governor at the…
Monetary policy only offers short-term balm for UK: BoE’s Haldane
Monetary policy can only offer a "short-term balm" for the uncertainty facing Britain's economy in light of the…
IMF deal a ‘lifeline’ for Egypt but long-term impact unclear: economists say
Egypt and the International Monetary Fund announced Thursday that they had agreed on an initial financing accord,…
IMF deal a ‘lifeline’ for Egypt but long-term impact unclear: economists say
Egypt and the International Monetary Fund announced Thursday that they had agreed on an initial financing accord,…
BOE’s McCafferty says more rate cuts on way if economy worsens
Bank of England policymaker Ian McCafferty said more quantitative easing was likely to be required if the U.K.'s…
Fed’s Powell urges patience on U.S. rates, citing growth risks
The U.S. economy is at increasing risk of becoming trapped in a prolonged phase of slow growth that points to the…
Britain’s May pledges to help boost Egypt’s economy
Britain's new Prime Minister Theresa May has pledged that the UK would work towards propping up Egypt's ailing…
China is hit by recession as growth increases 10 %
The long-feared Chinese hard landing has become a reality in rustbelt Liaoning.The northeastern province, ground…
A new draft law to grant investors temporary residence permits in Egypt
Egypt says it has sent a draft law regulating the residency of foreigners upon which investors can obtain…