global economy

US, China sign ‘momentous’ trade deal
World

US, China sign ‘momentous’ trade deal

The United States and China signed a truce in their trade war on Wednesday after nearly two years of tensions,…
Back from the brink, back to the bull run
Economy

Back from the brink, back to the bull run

LONDON (Reuters) — World markets looked to have overcome their new year wobbles on Thursday, as the United States and Iran…
Oil up, stocks down after Iran missile attack on US troops
Business

Oil up, stocks down after Iran missile attack on US troops

BEIJING (AP) — Oil prices rose and Asian stock markets fell Wednesday after Iran fired missiles at U.S. bases in…
Gold, oil prices retreat, shares rebound in Asian trading
Business

Gold, oil prices retreat, shares rebound in Asian trading

BANGKOK (AP) — Shares advanced in Asia Tuesday following modest gains on Wall Street despite caution over rising tensions between…
OPEC nations grapple with oversupply of oil
Business

OPEC nations grapple with oversupply of oil

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down…
CBE cuts interest rates by 100 basis points
Business

CBE cuts interest rates by 100 basis points

The Central Bank of Egypt (CBE)’s Monetary Policy Committee decided on Thursday to cut interest rates by 100 basis points,…
Japan foreign minister expresses concern over global economy from attacks on Saudi
Middle East

Japan foreign minister expresses concern over global economy from attacks on Saudi

TOKYO (Reuters) – Japanese Foreign Minister Toshimitsu Motegi said on Monday that he agreed with US Secretary of State Mike…
Sisi to participate in G7 summit in France
Egypt

Sisi to participate in G7 summit in France

President Abdel Fattah al-Sisi will participate in the G7 Summit scheduled to be held August 25–27, 2019, in Biarritz, Nouvelle-Aquitaine,…
Amazon dethrones Google as top global brand: survey
World

Amazon dethrones Google as top global brand: survey

US retail giant Amazon has moved past hi-tech titans Apple and Google to become the world’s most valuable brand, a…
China’s exports beat forecast to rise as trade war heats up
World

China’s exports beat forecast to rise as trade war heats up

China’s exports beat gloomy forecasts to rebound in May though imports sank more than expected, official data showed Monday, as…
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