Economic

U.S. Personal Consumption Expenditure Price Index reveals high inflation

A Crucial Inflation Gauge Set to Impact Monetary Policy The U.S. Personal Consumption Expenditure (PCE) Price Index, a key inflation indicator, is scheduled for release...

Germany’s Inflation Rate to be Revealed in June 30 CPI Report

As the Eurozone's largest economy, Germany's Consumer Price Index (CPI) report is a highly anticipated economic indicator that can significantly impact market sentiment and...

Tesla’s Robotaxi Debut Sends Stock Soaring, Apple in Talks to Acquire Perplexity

In a significant development in the tech industry, Tesla's stock price surged 8.23% to $348.68 after the company announced its Robotaxi debut in Austin,...

Egyptian economy show signs of recovery in Q1 of FY 2024/2025

Cairo, Egypt - The Egyptian economy has shown encouraging signs of recovery in the first quarter of the fiscal year 2024/2025, with a GDP...

Cryptocurrency Market Update: Bitcoin and Ethereum Prices Surge

The cryptocurrency market has witnessed a significant surge in the prices of Bitcoin (BTC) and Ethereum (ETH) in recent trading sessions. According to the...

PPC’s Strategic Turnaround Delivers Strong Results

PPC, a leading Southern African cement producer, has reported a 2% decline in revenue to R9.87 billion for the financial year ending March 31,...

Africa Set to Launch Own Credit Rating Agency

The African Union is poised to launch the Africa Credit Rating Agency (AfCRA) in June 2025, a move aimed at providing fair and transparent...

US-China Trade Talks Show Promise Amid Ongoing Tariff Negotiations

The US and China have made significant progress in recent trade talks, with both sides expressing optimism about reaching a mutually beneficial agreement. The...

Huawei CEO Ren Zhengfei Addresses Chip Gap and Innovation Strategies

In a recent interview with Chinese state media, Huawei CEO Ren Zhengfei acknowledged that Huawei's processor chips lag behind those of US companies by...

Oil Prices Stabilize as Market Awaits Key Developments

The oil market has shown signs of stability, with Brent crude oil prices currently trading at $67.27 per barrel and West Texas Intermediate (WTI)...

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