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Business
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Economy
8/8/2023 12:16:09 PM
China last month suffered its biggest fall in exports for more than three years, official data showed Tuesday, as the world's second-largest economy is battered by sluggish global demand and a domestic slowdown.
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Business
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Markets & Companies
8/2/2023 6:02:33 PM
Stocks are falling Wednesday, as Wall Street loses some more momentum following its torrid run so far this year.
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Business
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Economy
8/1/2023 3:59:02 PM
The demand for gold bars and coins in Egypt surged by more than 300 percent on a yearly basis to over 10 tons in Q2 2023, according to a report by the World Gold Council (WGC) released on Tuesday.
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Business
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Economy
7/31/2023 11:55:31 AM
European stock markets were largely steady at the start of trading on Monday, looking ahead to a Bank of England interest-rate call later in the week.
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Business
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Economy
7/31/2023 11:39:46 AM
Shares were mostly higher in Asia on Monday after Wall Street got back to climbing following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy.
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Business
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Economy
7/28/2023 2:35:00 PM
The yen fluctuated Friday after Japan's central bank tweaked its ultra-loose monetary policy, while stocks markets traded mixed after forecast-beating US data revived concerns the Federal Reserve could hike interest rates further.
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Business
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Economy
7/24/2023 12:22:49 PM
Asian shares were mixed on Monday, with Hong Kong's benchmark sinking 2.2% following reports suggesting China's leaders do not plan major stimulus measures to prop up slowing growth in the world's second-largest economy.
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Business
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Tech
7/19/2023 5:54:37 PM
The deadline for Microsoft's $69 billion acquisition of video game company Activision Blizzard has been extended as the companies seek to close a deal that has been challenged by regulators in the U.S., as well as by U.K.'s Competition and Markets Authority.
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Business
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Economy
7/18/2023 8:01:15 PM
Wall Street is drifting Tuesday following some mixed reports on the economy and corporate profits.
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Business
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Economy
7/14/2023 1:01:01 PM
Asian traders on Friday welcomed more data showing falling US inflation, giving the Federal Reserve room to bring the curtain down on more than a year of interest rate hikes.
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Business
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Economy
7/11/2023 6:38:29 PM
Egypt targets securing $3 billion in financing through the end of 2023 from several external markets to bridge its financing gap, according to the Minister of Finance Mohamed Maait.
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Business
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Economy
7/11/2023 3:50:05 PM
Major stock markets mostly rose Tuesday as China moved to boost its flagging economy, while the pound hit a 15-month high against the dollar as UK data pointed to more aggressive interest rates hikes from the Bank of England.
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Business
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Economy
7/7/2023 2:24:59 PM
Asian shares slipped Friday after another decline on Wall Street, where hopes for an end to interest rate hikes were again shaken by strong jobs data.
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Business
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Economy
7/5/2023 4:53:21 PM
Egypt's sovereign US-dollar-denominated bonds experienced a slight increase in their returns on international markets, rising by over 1 cent, due to growing demand for bonds from frontier markets like Pakistan and Ghana, as reported from Tradeweb via Reuters.
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Business
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Markets & Companies
7/5/2023 1:37:02 PM
Equity markets sank Wednesday as another round of data showed China's economy continued to struggle in June, with little hope that its leaders can unveil the blockbuster stimulus needed to kickstart growth.
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Business
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Markets & Companies
7/4/2023 5:04:07 PM
There were no major changes in Egypt's gold and stock markets on Tuesday, after the seven-day long Eid Al-Adha holiday.
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Business
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Markets & Companies
6/30/2023 5:27:56 PM
Stock markets rose on Friday as data showed inflation easing in the United States and Europe.
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Business
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Economy
6/26/2023 5:02:51 PM
Wall Street stocks inched higher early Monday ahead of the week's economic data, as markets eyed ongoing events in Russia following an aborted challenge to the government.
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Business
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Markets & Companies
6/26/2023 10:59:04 AM
The ruble and most equity markets sank Monday as traders kept watch on Russia following an aborted mutiny at the weekend that stoked concerns about stability in the nuclear-armed country.
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Business
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Economy
6/23/2023 1:29:06 PM
Equity markets sank Friday and oil extended a sharp selloff after a string of interest rate hikes by central banks revived worries about the global economy.
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