French GDP growth to reach 1.3% by ’25 – IMF
The French economy will see growth gradually increase to 1.3 per cent by 2025, starting at 0.9 percent in 2024,…
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geopolitical tensions
Global trade may reach $32t in ’24 – UNCTAD report
UNCTAD forecasts global trade to reach almost $32 trillion in 2024, but it is not expected to exceed the 2022…
S. Korea’s c. bank warns of renewed won weakness
The Bank of Korea (BOK) expressed concerns about the Korean Won (KRW) facing downward pressure in its financial…
Afreximbank: Africa’s economies expected to grow by 3.8% in ’24
African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…
Asian gold demand soars despite record prices
Gold demand across Asia is surging despite hovering near record highs $2,300 per ounce set in May, driven by…
IMF praises Philippine economic resilience despite challenges
The International Monetary Fund (IMF) praised on Monday the Philippine economy’s resilience despite global…
FWD Group targets H. Kong IPO up to $9b
Billionaire Richard Li is reviving plans for an IPO of FWD Group, a Hong Kong-based insurer.
Oil up on Thursday
Oil prices rose for a second consecutive session despite Saudi Arabia signalling demand concerns by cutting its…
Russian MTS extends buyback deadline to June 18
MTS, Russia's largest mobile operator, has prolonged the deadline for a proposed buyback for foreign shareholders…
Egypt initiates economic reforms amid global challenges – FinMin
Egypt has initiated economic reforms to address challenges and reduce risks from global and regional crises for…
