Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on
2023-08-10 20:46
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:57
UK Weighs Measures to Crimp Investment in China After Biden
The UK is considering whether to follow President Joe Biden’s move to limit US investment in some Chinese
2023-08-10 19:55
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:22
Tokyo Electron Says Chinese Firms Are Buying Up Legacy Chip Tech
Chinese chipmakers are speeding up investments in mature semiconductor equipment as the US and its allies tighten export
2023-08-10 18:17
Jardines Exploring Sale of Two Hong Kong Buildings, Sources Say
Jardine Matheson Holdings Ltd., controller of Hong Kong’s biggest commercial landlord in the Central business district, is exploring
2023-08-10 17:47
Indian Tycoon Adani Prepared to Go Solo on Hydrogen Mega-Project
India’s Gautam Adani is prepared to go it alone in spending billions of dollars on developing green hydrogen
2023-08-10 17:45
LVMH Leads $22 Billion Luxury Rally as China Eases Travel Curbs
LVMH led luxury stocks higher in Europe on Thursday as China lifted a ban on group tours, boosting
2023-08-10 16:59
Treasury Yields Bump Up Risks for Asia Stocks as AI Rally Cools
Inflation concerns are threatening to keep US Treasury yields higher for longer, worsening a slide in Asia stocks
2023-08-10 16:51
RBI Asks Banks to Set Aside More Cash on Poor Auction Response
The Reserve Bank of India asked lenders to set aside more cash, stepping up measures to drain liquidity
2023-08-10 16:25
European Gas Swings as Australia LNG Strike Fears Rattle Market
European natural gas fluctuated in a sign of continued market jitters as traders monitor possible industrial action in
2023-08-10 15:56
European Stocks Lifted by Luxury as China Eases Travel Curbs
European stocks extended gains into a second session, as China’s decision to relax travel curbs offered a lift
2023-08-10 15:55