forex news Dollar pressured as U.S. rate hikes views cool, Fed-speak awaited Noha Gad Feb 4, 2016 0 The dollar nursed hefty losses against the yen and euro on Thursday after tumbling overnight when a top Federal…
forex news Oil futures drop for third session on rising crude stocks, oversupply Noha Gad Feb 3, 2016 0 Oil futures extended losses into a third session in Asian trade on Wednesday, as U.S. crude stocks last week surged…
World China shares flounder again, but ‘real economy’ sound says state media Noha Gad Jan 28, 2016 0 China's volatile shares tumbled again on Thursday, taking losses this month to about 25 percent or 13 trillion yuan…
World China rout, oil gloom deepen losses in Asian shares Noha Gad Jan 26, 2016 0 A plunge in Chinese share markets capped a miserable day for Asian equities on Tuesday, with a renewed slide in oil…
Industry & Trade Solb Misr incurs $64mn losses, delays trading in EGX until 2017 Noha Gad Jan 5, 2016 0 Egyptian steel group Solb Misr has incurred losses estimated at 500 million Egyptian pounds (US$63.8 million) in…
forex news Oil prices edge up as Asia equities stabilize; oversupply drags Noha Gad Jan 5, 2016 0 Crude prices rose on Tuesday as Asian stock markets stabilized following heavy losses in the previous session, but…
Industry & Trade Nassef Sawiris’ OCI turns to profitability in H1-2015 Yomna Yasser Nov 29, 2015 0 Orascom Construction Industries (OCI), owned by Egyptian tycoon Nassef Sawiris, posted a first half net profit…
Banks Pimco, others sue Citigroup over billions in mortgage debt losses Noha Gad Nov 26, 2015 0 Pacific Investment Management Co and other investors have sued Citigroup Inc over the bank's alleged failure to…
World Asia stocks surge as fallout from Paris attacks recedes Noha Gad Nov 17, 2015 0 Asian stocks rose across the board on Tuesday following a surge on Wall Street overnight as investors clawed back…
World Stock futures extend Friday losses in the wake of Paris attacks Noha Gad Nov 16, 2015 0 U.S. equity futures opened lower on Sunday, following coordinated attacks in Paris on Friday that killed more than…