U.S.-based Colliers International expected that occupancy levels in Egypt’s Sharm El Sheikh and Hurghada to drop by …
Expected
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Gold slipped further on Thursday as the dollar firmed on the back of strong economic data and …
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International News
ASEAN expects China, Brexit to slow economic growth in 2016
by Noha Gadby Noha GadEconomic growth in ASEAN countries was expected to dip to 4.5 percent in 2016 from 4.7 percent …
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Euro zone producer prices rose by more than expected in June for a second consecutive month, driven …
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The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase …
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Japan’s exports fell less than expected in June in a tentative sign that overseas demand could be …
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Banks
Indonesia central bank seen cutting key rate again to try to spur growth
by Noha Gadby Noha GadIndonesia’s central bank on Thursday is expected to make its fifth policy rate cut this year as …
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Industry & Trade
U.S. retail sales, industrial output data suggest strong Q2 GDP growth
by Noha Gadby Noha GadU.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety …
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Britain’s vast current account deficit failed to narrow as expected in the first three months of this …
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German unemployment fell more than expected in June and the jobless rate in Europe’s biggest economy remained …