Featured Australia maintains 3% loan buffer to mitigate financial risks Aya El Sayed Jul 29, 2024 0 Australia's banking regulator, the Australian Prudential Regulation Authority (APRA), announced on Monday its…
Africa News South Africa inflation slows in June Yomna Yasser Jul 24, 2024 0 South Africa’s consumer inflation dipped slightly in June, offering a glimmer of hope after months of rising…
Featured July sees boost in UK private sector – PMI Aya El Sayed Jul 24, 2024 0 UK private sector activity showed solid expansion in July, with the S&P Global Flash UK PMI Composite Output…
Featured German consumer sentiment improves in August – GFK Aya El Sayed Jul 24, 2024 0 German consumer sentiment forecast for August shows a notable recovery, with the GfK Consumer Climate index rising…
Featured Italy’s GDP rebounds to pre-crisis levels – IMF Aya El Sayed Jul 24, 2024 0 Italy's economy expanded by 0.9 per cent in 2023, and by the first quarter of 2024, real GDP had surpassed…
Featured Sterling slightly up ahead of BoE policy clues Aya El Sayed Jul 22, 2024 0 Sterling edged up slightly on Monday as investors awaited further indications on the Bank of England's monetary…
Featured Significant improvement in Egyptian economy – CBE M.S. Salama Jul 22, 2024 0 Egypt’s debt reduction, robust reserves, and prudent policies have positioned the country for sustained growth and…
Featured No rush for rate cuts – ECB’s Makhlouf Aya El Sayed Jul 21, 2024 0 Rapid interest-rate action is not necessary at this time, Gabriel Makhlouf, a member of the European Central Bank's…
Africa News South African Reserve Bank keeps repo rate unchanged amid economic challenges Yomna Yasser Jul 18, 2024 0 South African Reserve Bank (SARB) decided on Thursday to leave interest rates unchanged in a split decision. Two of…
Featured Sterling slips 0.1%, still set for weekly gain Aya El Sayed Jul 18, 2024 0 The pound sterling dipped 0.1 per cent on Thursday to $1.2995 but remains on track for a fourth consecutive weekly…