World markets rally in response to US-China deal
Global markets surged Monday after the United States and China announced a major reduction in reciprocal tariffs,…
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global market
Indian stocks slump on Monday
Indian shares tumbled on Monday, with the Nifty 50 and BSE Sensex plunging over 4 per cent as a global market rout…
Shipping costs erode Vietnamese exporters profit
Vietnamese exporters are facing a mounting crisis as shipping costs to major markets have skyrocketed, severely…
Romania’s central bank considers 2nd rate cut
Romania's central bank is facing a tough decision on whether to cut interest rates again amid a global market…
Mitsubishi Motors to join Honda-Nissan alliance
Japan’s Mitsubishi Motors is reportedly joining an alliance with Honda and Nissan to create a combined auto group…
BRICS+ dominates workforce, trade in ’24 – SPIEF
The global landscape is shifting towards the East and Far East, with BRICS+ countries making up 30 per cent of the…
China vows to retaliate as Biden raises tariffs
China vows to retaliate against US after Biden announces increased tariffs on $18 billion of Chinese imports,…
US, China clash over corn import needs for 2024-25
The USDA and China have conflicting estimates for Chinese corn imports in the upcoming marketing year.
Biden harshly hikes tariffs on Chinese imports to protect US businesses
The Biden administration has taken decisive action to protect US businesses by significantly increasing tariffs on…
US urges China to revise policies impacting new industries
US Treasury Secretary Janet Yellen warned China that the US will not tolerate new industries being harmed by…
Yuan rises as preferred carry trade currency
The yuan is emerging as a preferred funding currency for carry trades in the global market, following Japan’s shift…
Eurozone bonds steady post BOJ shifts
Euro zone bond yields remained relatively stable on Tuesday, with the global market’s attention turning to the Bank…
Global raw sugar prices very likely to see 20% hike in ‘24
Global raw sugar predicted to rise by almost 20 per cent annually in '24 as the global market shifts into a deficit…
Tanzania inflation drops to 3.6% – BOT
The Bank of Tanzania (BoT) reported on Monday that the inflation has dropped to 3.6 percent in June from 4 percent…
Egypt plans to tap into more African markets – Builders of Egypt 2023
Waleed Jamaluddin, Chairman of the Export Council for Building Materials, confirmed on Sunday that plans are…
Dollar hoisted higher as US yields rise on Trump bets
The dollar held near 13 1/2-year highs against a currency basket in Asian trading on Monday, as investors stuck…
Gulf stocks mixed in quiet trade as global markets stabilise
Stock markets in the Gulf were mixed in quiet trade early Tuesday as global markets stabilised following the shock…
QIZ Exports Decline 22%, Hitting EGP323 mln In Jan 2013
Egypt's exports of ready-made garments to the USA, according to the QIZ protocol, went down by 22% last January to…
AEC Calls For Making 3rd Bid For Exporting Rice
The Agriculture Export Council (AEC) has called on the Egyptian Ministry of Industry and Foreign Trade to make a…
Pharmaceuticals Exports Attained EGP1.7 bln in 2012
The Egyptian exports of pharmaceuticals unexpectedly hiked to reach EGP 1.7 billion in 2012, up by 17%;…
French Chamber’s Conference In Alex. Is To Support SMEs
French Chamber of Commerce in Egypt jointly with Agency of French Development will organize next November a…
Tablet Sales To Top 100 Million In 2012
The global market for tablet computers is extending its sizzling growth and will likely top 100 million in 2012, a…
Culture of Egyptian Product Declined Exports: Al Sahragty
Anwar Al Sahragty, head of the commercial office in the ministry of industry and foreign trade, said the culture of…