China’s new forex rate formation mechanism is credit positive as it will increase currency flexibility and support …
"yuan"
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China’s Lenovo Group Ltd (0992.HK) will lay off 10 percent of white-collar staff after sales of Motorola …
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forex news
Oil Prices edge up after U.S. Stock draw, but China outlook drags
by Noha Gadby Noha GadOil prices edged up Thursday, supported by lower U.S. stockpiles and record Chinese diesel exports, but worries …
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Europe’s benchmark stock posted Wednesday its worst one-day loss since October last year, after the country’s central …
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forex news
Gold prices march higher as China moves spark haven appeal
by Yomna Yasserby Yomna YasserGold futures headed higher Wednesday, continuing what has amounted to a five-day rally as China’s efforts to …
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Industry & Trade
Russia’s Gazprombank offers Egypt to use rule in grain deals
by Yomna Yasserby Yomna YasserRussia’s Gazprombank has proposed to Egypt that it consider using the Russian national currency in certain deals, Mounir Fakhri …
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International News
Dollar could suffer if U.S. Walks away from Iran Deal: John Kerry
by Noha Gadby Noha GadIf the United States walks away from the nuclear deal with Iran and demands that its allies …
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Asian equities traded mixed on Friday, as investors turned their attention to the release of the U.S. …
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World
Asia Shares drop, Dollar firm; Data supports Expectations for Fed hike
by Noha Gadby Noha GadAsian shares fell and European markets were set to follow suit on Thursday, while the dollar held …
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Chinese shares inched down more than 8 percent Monday amid renewed fears about the outlook for the …