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Business
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Economy
4/22/2024 12:14:04 PM
Markets in Asia apart from Shanghai's were broadly higher Monday, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
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Business
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Economy
4/19/2024 7:00:51 PM
Reports Israel had carried out strikes against Iran rattled markets on Friday, with prices of oil, gold and equities seesawing during the trading session.
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Business
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Economy
4/18/2024 1:40:23 PM
Major stock markets in Asia and Europe mostly rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon.
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Business
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Economy
4/16/2024 9:53:36 AM
Stock markets fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented retaliatory offensive on his country at the weekend.
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Business
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Markets & Companies
4/11/2024 4:48:40 PM
Egypt is exporting potatoes to Morocco and strawberries to Canada for the first time as the country ventures into new markets for its agricultural products.
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Business
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Markets & Companies
4/11/2024 2:04:30 PM
Asian and European stock markets mostly fell Thursday before the European Central Bank's latest interest rate decision, after hotter-than-expected US inflation dented hopes for Federal Reserve rate reduction any time soon.
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Business
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Markets & Companies
4/9/2024 3:36:59 PM
European equities dipped in early trading Tuesday while Asian stocks closed mostly higher, as investors mainly focused on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve.
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Business
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Economy
4/3/2024 3:31:47 PM
Wall Street shifted between small gains and losses in premarket trading Wednesday, a day after anxiety over the potential for fewer interest rate cuts dragged markets to their worst day in weeks.
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Business
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Economy
4/1/2024 5:17:23 PM
Egyptian markets are preparing for a considerable decrease in prices of poultry and eggs starting Tuesday, as the government aims to slash prices of food commodities by 30 percent in the coming weeks in collaboration with the private sector.
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Business
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Economy
4/1/2024 11:28:03 AM
Asian markets were mixed while gold hit a record high Monday after data showed a slight uptick in US inflation that Federal Reserve boss Jerome Powell said was "in line with expectations".
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Business
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Economy
3/19/2024 11:38:02 AM
Shares were mixed in Asia on Tuesday after the Bank of Japan hiked its benchmark interest rate for the first time in 17 years, ending a longstanding negative rate policy at odds with the stances of most central banks.
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Business
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Economy
3/18/2024 10:36:03 PM
Across the United States, many people are eagerly anticipating the Federal Reserve's first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates. Wall Street traders envision higher stock prices. Consumers are looking for a break on credit card debt at record-high interest rates.
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Business
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Markets & Companies
3/14/2024 11:10:08 AM
Asian shares mostly declined Thursday in lackluster trading after U.S. stocks drifted to a mixed finish.
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Business
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Economy
3/11/2024 10:53:23 AM
Stock markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week.
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Business
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Economy
3/7/2024 11:04:17 PM
Benchmark U.S. crude oil for April delivery fell 20 cents to $78.93 per barrel Thursday. Brent crude for May delivery was unchanged at $82.96 per barrel.
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Business
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Economy
3/7/2024 6:26:38 PM
U.S. stocks are climbing Thursday, helping Wall Street erase its losses from earlier in the week.
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Business
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Economy
3/6/2024 6:03:00 PM
The Central Bank of Egypt (CBE) decided on Tuesday to float the Egyptian pound (EGP) and raise interest rates by six percent, in a bold move to meet economic challenges.
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Business
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Economy
3/4/2024 11:32:42 AM
Asian stocks were mostly higher Monday ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time.
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Opinion
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2/29/2024 8:15:00 PM
What happens in the United States does not stay in the United States. The global economy depends on America to act as a main engine of growth, and global financial markets depend on US investors’ outsize appetite for risk.
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Business
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Economy
2/26/2024 10:58:07 AM
Asian shares mostly declined Monday, although Tokyo's benchmark Nikkei 225 index reached another record high.
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