Yen, Swiss franc rise as US political uncertainty, global growth woes dim mood
The Japanese yen and the Swiss franc gained on Monday, thanks to safe-haven buying as sentiment in financial…
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financial markets
Egypt among least competitive economies in the Middle East
Egypt’s economy ranks 11th in the 2017-2018 Global Competitiveness Index out of 12 Arab countries with Lebanon in…
Dollar prices take breather as trade concerns linger, yuan remains in focus
Major currencies marked time on Wednesday while the Chinese yuan recovered from 11-month lows, after efforts by…
European shares open lower as Italian crisis batters financial markets
European shares opened slightly lower Wednesday morning, amid a deepening political crisis in the euro zone's…
Saudi Arabia likely to hold IPO in 2019: minister
Saudi Arabia is most likely to hold the initial public offering (IPO) of oil giant Aramco in 2019, Energy Minister…
Gold heads for biggest weekly loss this year as dollar bounces
Gold prices eased on Friday, heading towards its biggest weekly decline in 2-1/2 months, as the U.S. dollar climbed…
Erdogan is unlikely to win his battle latest campaign against markets in Turkey
Recep Tayyip Erdogan is taking on financial markets again, and if history is a guide, he’s going to lose. The…
Gold steady as dollar firms ahead of US consumer data
Gold prices held steady early Wednesday, after hitting a more than one-week low in the previous session, as the…
South Korea braces for possible new missile test to mark North’s founding day
South Korea braced for a possible further missile test by North Korea as it marked its founding anniversary on…
European markets set to open higher ahead of ECB rate decision
European markets are set to open higher on Thursday morning, tracking overnight gains on Wall Street after…