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…
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geopolitical tensions
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…
Egypt to boost private sector with IFC – minister
In a bid to bolster Egypt's private sector, Rania Al-Mashat, the Minister of International Cooperation and Governor…
Bank of Spain to increase ’24 growth projection in June
The Bank of Spain is set to increase its 1.9 per cent growth forecast for the Spanish economy in 2024, according to…
Euro area economy set for recovery in ’24, OECD forecasts
The eurozone is likely to see GDP growth of 0.7 per cent in 2024, and 1.5 per cent in 2025, according to the…
