Featured Oil prices edge higher in early trade amid ceasefire hopes Aya El Sayed Nov 26, 2024 0 Oil prices rose slightly in early trade on Tuesday after a sharp drop in the previous session, as investors…
The Watch Indian rupee hits record low amid Adani Group woes Nada Ali Nov 21, 2024 0 The Indian rupee hit a record low on Thursday due to outflows from local stocks, driven by a drop in Adani group…
Stocks Asian stocks drop as Nvidia disappoints investors Nada Ali Nov 21, 2024 0 Asian stocks dropped on Thursday as Nvidia reported slower revenue growth and disappointing investors.
Featured ECB warns of AI stock bubble risk in stability review Aya El Sayed Nov 20, 2024 0 The European Central Bank (ECB) issued a warning on Wednesday about a potential "bubble" in stocks related to…
Featured Americana Q3 profit falls 54.3% Aya Anwar Nov 3, 2024 0 Americana Restaurants reported a 54.3 per cent decline in Q3 2024 net profit, falling to SAR140.3 million, as…
Featured Unilateral sanctions, debt threaten global stability – Putin Aya El Sayed Oct 23, 2024 0 Russian President Vladimir Putin warned of a potential new global crisis, citing the growing debt burden in…
News S&P affirms Egypt rating at B-/B, positive outlook Aya Anwar Oct 20, 2024 0 S&P Global Ratings affirmed Egypt’s sovereign credit ratings at ‘B-/B’ on October 18, 2024, assigning a…
Commodities Oil steady on Thursday Aya Anwar Oct 17, 2024 0 Oil steadied after four days of declines as traders assessed Middle East risks and weak China stimulus measures.…
Featured ECB to cut rates as inflation concerns rise – Villeroy Aya El Sayed Oct 7, 2024 0 The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
Commodities China holds off on gold purchases for 5th straight month Nada Ali Oct 7, 2024 0 The People's Bank of China (PBC) maintained its gold holdings at 72.8 million troy ounces at the end of September.
Featured Egypt’s petrochemical sector captures 19.3% of total credit portfolio by March… Aya Anwar Oct 3, 2024 0 Egypt’s petrochemical sector has significantly bolstered Egypt's economic growth, capturing 19.3 per cent of the…
Banks ADB maintains 6% growth forecast for Philippines in ’24 Nada Ali Sep 25, 2024 0 The Asian Development Bank (ADB) kept its growth forecast for the Philippine economy at six per cent for 2024 and…
Featured Finland’s economy to shrink 0.5% in ’24, slow recovery ahead Aya El Sayed Sep 16, 2024 0 The Finnish economy is expected to contract by 0.5 per cent in 2024, with a slow recovery projected, according to…
Featured WTO barometer signals uptick in global trade, but risks looming Aya Anwar Sep 5, 2024 0 Global goods trade is rebounding in the third quarter of 2024, as the World Trade Organization (WTO) Goods Trade…
Commodities Gold prices slip as dollar recovers Nada Ali Aug 28, 2024 0 Gold prices fell in Asian trade on Wednesday, as the US dollar recovered from its 13-month lows.
Featured UK shop prices decline in August Aya El Sayed Aug 27, 2024 0 UK shop prices fell into deflation for the first time in nearly three years in August, registering a decline of 0.3…
Commodities Gold holds ground as Fed signals imminent rate cuts Nada Ali Aug 26, 2024 0 Gold prices held steady on Monday, supported by a weaker dollar and lower Treasury yields following dovish remarks…
International News Gold prices rally 21.7% year-to-date Nada Ali Aug 25, 2024 0 Gold prices have experienced a significant surge, gaining 21.7 per cent year-to-date.
Commodities Gold dips on Monday after Friday’s record high Nada Ali Aug 19, 2024 0 Gold prices fell on Monday, hovering around the key $2,500 per ounce level after reaching an all-time high in the…
Money Foreign investment in Japanese startups up 70% in H1 ’24 Nada Ali Aug 18, 2024 0 Foreign venture capital funds are increasingly interested in Japanese startups, with investments rising by nearly…
Commodities Gold prices slip amid profit-taking Nada Ali Aug 13, 2024 0 Gold prices retreated on Tuesday as investors locked in profits after a recent rally that pushed bullion to a…
Featured European shares rise ahead of key economic data Aya El Sayed Aug 12, 2024 0 European shares began the week on a positive note, with the STOXX 600 index up 0.4 per cent by early Monday trading…
International News Gold prices rebound amid Middle East tensions Nada Ali Aug 8, 2024 0 Gold prices rebounded on Thursday, snapping a five-day losing streak.
Commodities Gold dips as dollar, yields rise Nada Ali Aug 7, 2024 0 Gold prices edged lower on Wednesday as a strengthening US dollar and Treasury yields weighed on the precious…
Commodities Gold prices slip amid stronger dollar, Fed comments Nada Ali Aug 6, 2024 0 Gold prices edged lower on Tuesday, pressured by a strengthening US dollar and tempered by comments from US Federal…
Stocks Asian markets rebound after sharp losses Nada Ali Aug 6, 2024 0 Japanese stocks surged at the opening on Tuesday, leading a rebound in Asian share markets.
Stocks Asian shares plunge on US recession fears Nada Ali Aug 5, 2024 0 Asian share markets fell and bond prices rose on Monday amid concerns about a potential US recession.
Commodities Gold prices surge on Fed rate cut hopes Nada Ali Aug 1, 2024 0 Gold prices reached a two-week high on Thursday following Federal Reserve Chair Jerome Powell's hint at possible…
Stocks Asian markets rally on tech surge Nada Ali Aug 1, 2024 0 Asian stocks surged on Thursday, mirroring a powerful rebound in global technology shares led by Meta and Nvidia.
International News Asian stocks rise after BOJ tightens policy Nada Ali Jul 31, 2024 0 Asian stocks climbed on Wednesday, and the Japanese yen fluctuated after the Bank of Japan (BOJ) unexpectedly…
Featured UK shop price inflation holds at 0.2% in July Aya El Sayed Jul 30, 2024 0 UK shop price annual inflation remained unchanged at 0.2 per cent in July, matching its lowest rate since October…
forex news Yen surges amid escalating Middle East tensions Nada Ali Jul 29, 2024 0 The Japanese yen surged on Monday, reversing earlier losses, as geopolitical tensions in the Middle East prompted…
Commodities China likely to resume gold buying despite recent pause Nada Ali Jul 17, 2024 0 China is likely to resume its significant gold purchases, despite a recent pause.
International News China’s Ganfeng Lithium plans to build derivatives desk Nada Ali Jul 16, 2024 0 Ganfeng Lithium Group Co. is considering setting up a derivatives-trading desk to manage risk in response to market…
Featured French GDP growth to reach 1.3% by ’25 – IMF Aya El Sayed Jul 14, 2024 0 The French economy will see growth gradually increase to 1.3 per cent by 2025, starting at 0.9 percent in 2024,…
Industry & Trade Global trade may reach $32t in ’24 – UNCTAD report Nada Ali Jul 2, 2024 0 UNCTAD forecasts global trade to reach almost $32 trillion in 2024, but it is not expected to exceed the 2022…
International News S. Korea’s c. bank warns of renewed won weakness Nada Ali Jun 26, 2024 0 The Bank of Korea (BOK) expressed concerns about the Korean Won (KRW) facing downward pressure in its financial…
Africa News Afreximbank: Africa’s economies expected to grow by 3.8% in ’24 Aya Anwar Jun 13, 2024 0 African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…
Commodities Asian gold demand soars despite record prices Nada Ali Jun 12, 2024 0 Gold demand across Asia is surging despite hovering near record highs $2,300 per ounce set in May, driven by…
Financial Institutions IMF praises Philippine economic resilience despite challenges Nada Ali Jun 11, 2024 0 The International Monetary Fund (IMF) praised on Monday the Philippine economy’s resilience despite global…