Economic
Nasdaq 100 Surges to Record High Close, Defying Market Volatility
In a stunning display of market resilience, the Nasdaq 100 Index has notched its first record high close since February, sending a wave of...
Gold and Oil Prices React to Ceasefire Deal Between Israel and Iran
Gold prices plummeted to a two-week low, dropping over 1% to $3,322.09 per ounce, while oil prices plunged after US President Donald Trump announced...
U.S. Personal Consumption Expenditure Price Index reveals high inflation
A Crucial Inflation Gauge Set to Impact Monetary PolicyThe 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...