Asian stocks drop as Nvidia disappoints investors
Asian stocks dropped on Thursday as Nvidia reported slower revenue growth and disappointing investors.
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geopolitical tensions
ECB warns of AI stock bubble risk in stability review
The European Central Bank (ECB) issued a warning on Wednesday about a potential "bubble" in stocks related to…
Americana Q3 profit falls 54.3%
Americana Restaurants reported a 54.3 per cent decline in Q3 2024 net profit, falling to SAR140.3 million, as…
Unilateral sanctions, debt threaten global stability – Putin
Russian President Vladimir Putin warned of a potential new global crisis, citing the growing debt burden in…
S&P affirms Egypt rating at B-/B, positive outlook
S&P Global Ratings affirmed Egypt’s sovereign credit ratings at ‘B-/B’ on October 18, 2024, assigning a…
Oil steady on Thursday
Oil steadied after four days of declines as traders assessed Middle East risks and weak China stimulus measures.…
ECB to cut rates as inflation concerns rise – Villeroy
The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
China holds off on gold purchases for 5th straight month
The People's Bank of China (PBC) maintained its gold holdings at 72.8 million troy ounces at the end of September.
Egypt’s petrochemical sector captures 19.3% of total credit portfolio by March…
Egypt’s petrochemical sector has significantly bolstered Egypt's economic growth, capturing 19.3 per cent of the…
ADB maintains 6% growth forecast for Philippines in ’24
The Asian Development Bank (ADB) kept its growth forecast for the Philippine economy at six per cent for 2024 and…
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