The People’s Bank of China (PBOC) issued 324 billion yuan ($44.87 billion) through 7-day reverse repurchase operations …
International News
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BanksFeatureInternational NewsNews
Australia inflation holds at 2-yr low in Jan.
by Nada Aliby Nada AliAustralian consumer price inflation remained at a two-year low in January, defying expectations for an increase and …
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FeatureInternational NewsMoneyNewsReal Estate
China’s Country Garden faces liquidation petition
by Nada Aliby Nada AliChinese developer Country Garden is facing a liquidation petition for non-payment of a $205 million loan, which …
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BanksFeatureInternational NewsNews
Egypt’s c. bank issues EGP 240b corridor-linked deposits
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) is offering corridor-linked deposits for a duration of 35 days, amounting …
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FeatureInternational NewsMoneyNewsReal Estate
H. Kong lefts property curbs to revive market
by Nada Aliby Nada AliHong Kong announced significant measures to boost its struggling real estate market by eliminating all tightening measures …
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Maersk: Red Sea disruptions could extend to H2 of ’24
by Nada Aliby Nada AliMaersk, the Danish shipping company, has warned its clients to expect disruptions in the Red Sea to …
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FeatureInternational NewsNews
Morgan Stanley raises MSCI Europe’s ’24 index target on AI boom
by Nada Aliby Nada AliMorgan Stanley raised its year-end target for the MSCI’s European index on Tuesday, citing the positive impact …
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Russia halts gasoline exports for 6 months
by Aya El Sayedby Aya El SayedRussia imposed a six-month gasoline export ban starting on March 1 to stabilise prices due to increased …
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BanksFeatureIndustry & TradeInternational NewsMoneyNewsTech/AI
US companies to issue bonds via Singapore to benefit from tax system
by Aya Anwarby Aya AnwarTax advantage is motivating American companies like PepsiCo and International Business Machines Corp. to issue bonds via …
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FeatureInternational NewsNewsThe Watch
Oil prices surge due to concerns on shipping
by Nada Aliby Nada AliOil prices rose on Tuesday, building on gains from the previous day due to attacks on shipping …