Egypt News New annual wage raise in Egypt’s civil services bill would cost $168mln: Minister aya salah Jun 29, 2016 0 Egypt's budget would increase by 1.25-1.5 billion Egyptian Pounds ($168.8 million) if the parliament approves the…
Banks ECB ready to act with all instruments, if necessary: Draghi Ghada Ismail Jun 21, 2016 0 Euro zone growth is gaining momentum but uncertainty is high and the inflation outlook is subdued so the European…
Egypt News Egypt’s central bank raises interest rates 100 basis points aya salah Jun 18, 2016 0 The Central Bank of Egypt (CBE) has decided to raise interest rates by 100 basis points after core inflation rate…
Banks BOJ holds off on easing despite weak inflation, sparks yen spike Noha Gad Jun 16, 2016 0 The Bank of Japan refrained from offering additional monetary stimulus on Thursday despite external headwinds and…
Banks Economists vary on interest rate decision amid Egypt’s record core inflation aya salah Jun 14, 2016 0 Five economists had different predictions on whether Egypt's central bank would raise or hold interest rates at its…
forex news Yen, Brexit, inflation keep BOJ on edge, but policy seen steady for now Noha Gad Jun 13, 2016 0 A renewed spike in the yen is adding to headaches for Bank of Japan policymakers meeting for a rate review this…
Egypt News Egypt’s annual urban consumer price inflation climbs to 12.3% in May Yomna Yasser Jun 9, 2016 0 Egypt's annual urban consumer price inflation climbed to 12.3 percent in May from 10.3 percent in April, the…
World Asian shares sag on revived U.S. rate hike views Noha Gad May 18, 2016 0 Asian shares weakened on Wednesday in the wake of accelerating U.S. inflation and comments from Federal Reserve…
Industry & Trade China April inflation data sharpens debate on need for more easing Noha Gad May 10, 2016 0 China's consumer inflation remained modest in April, while producer prices' four-year slump moderated as commodity…
forex news Yen soars, stocks slump as BOJ holds policy, pushes back inflation target Noha Gad Apr 28, 2016 0 The Bank of Japan held off from expanding monetary stimulus on Thursday, defying market expectations for action…