Yemen and China Sign Protocol on Seafood Exports to China
Yemen and China signed a protocol on inspection and health requirements for Yemeni seafood exports to China, strengthening economic cooperation between the two nations.
Gaza Casualty Toll Rises to 67,682 Martyrs and 170,033 Injured in Israeli Aggression
The casualty toll from the Israeli aggression on Gaza has risen to 67,682 martyrs and 170,033 injured since October 7, 2023.
Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
Ghana qualifies for the 2026 World Cup
Ghana qualified for the 2026 World Cup after defeating Comoros 1-0 in the African qualifiers.
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South Korean foreign cash reserve continues increase
[07/10/2024]
State data showed Monday that the cash foreign reserve of South Korea has increased for the third month in row last September by the virtue of the increase of non-dollar assets and investment profits.

World Food Price Index hits record increase in 18 months in September
[05/10/2024]
The FAO World Food Price Index jumped in September, recording its biggest increase in 18 months, supported by rising sugar prices.

Oil rises, Brent hits $74.84 a barrel
[03/10/2024]
Oil prices rose today, Thursday, supported by expectations of disruption of crude supplies from the important export area, in light of the current international conditions.

Japan's unemployment rate drops 2.5 percent
[01/10/2024]
Japan's unemployment rate fell 2.5 percent in August, compared to 2.7 percent in July, as more job seekers were able to find new opportunities.

Chinese central bank injects 182 billion Yuan of liquidity into banking system
[29/09/2024]
The People's Bank of China (PBOC) conducted today, Sunday, seven-day reverse repo operations worth 182 billion Yuan (about 25.96 billion U.S. dollars) at an interest rate of 1.5 percent.

IMF approves $7 billion loan to Pakistan
[26/09/2024]
The International Monetary Fund (IMF) board has approved a new $7 billion loan program for Pakistan over three years.

Dollar declines more than 0.5 percent amid interest rate cuts anticipation
[25/09/2024]
The dollar index fell more than 0.5 percent on Wednesday as a result of strong stimulus moves announced by China yesterday, and increased expectations of another major cut in interest rates in the United States in November.

China's central bank conducts 460 billion Yuan of reverse repo
[24/09/2024]
The People's Bank of China (PBOC) conducted today, Tuesday, 14-day reverse buybacks worth 460 billion Yuan (about 65.24 billion U.S. dollars) at an interest rate of 1.85 percent.

WB provides $90 million to carry out Horn of Africa initiative
[21/09/2024]
The Board of Executive Directors of the World Bank (WB) has approved an extra funding of $90 million for the implementation of the Horn of Africa initiative in Djibouti.

Bank of England sets interest rate at 5 percent
[19/09/2024]
The Bank of England announced on Thursday that it will fix the interest rate at 5 percent, one month after cutting it for the first time since March of 2020.

Gold revolves near all-time high
[17/09/2024]
Gold prices rose during trading , today, Tuesday, on 17 September, before the start of the monetary policy meeting of the US Federal Reserve and amid expectations of a possible rate cut.

Further new foreign companies established in China during January- August
[15/09/2024]
The Chinese Ministry of Commerce announced that China saw a total of 36,968 new foreign-invested enterprises established across the country during the first eight months of 2024, up 11.5 percent year on year.

U.S. approves $7.2 billion sale of F-35 fighter jets to Romania
[14/09/2024]
The United States has agreed to sell more than 30 F-35 fighter jets to NATO member Romania in a deal worth up to $7.2 billion.

Beijing strongly opposes Canada's planned extra taxes on Chinese products
[12/09/2024]
China voiced strong opposition after Canada had launched a consultation process on possible additional taxes on more Chinese products.

The Japanese yen hits year-to-date high against the dollar
[11/09/2024]
The Japanese yen hit its highest level since the beginning of the year against the dollar, today, Wednesday, with the first debate between US presidential candidates Kamala Harris and Donald Trump.

Britain's unemployment rate hits lowest since January 2024
[10/09/2024]
Britain's unemployment rate slowed during the three-month period ended in July, recorded 4.1 percent compared to 4.2 percent in the ended three-month period ended in June.

Japan's economy grows 0.7 percent in SQ
[09/09/2024]
The Japanese economy recorded a growth rate of 0.7 percent during the second quarter of this year, compared to the first quarter, after taking seasonal variables into account, according to data issued by the Japanese government Office.

Non-oil businesses in Saudi Arabia grew by 4.9 percent in the SQ
[08/09/2024]
Non-oil and government activities in the Kingdom of Saudi Arabia recorded a growth of 4.9 percent and 3.6 percent, respectively, during the second quarter of 2024.

Standard & Poor's raises Jordan's credit rating to BB for the first time in 21 years
[07/09/2024]
Standard & Poor's has affirmed the Hashemite Kingdom of Jordan's long-term sovereign credit rating in national and foreign currency from B+ to BB – with a stable outlook.

OAPEC : Arab countries have opportunities to be a leading producer, exporter of aviation fuel
[05/09/2024]
The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC), Jamal al-Loughani said "Arab countries have valuable opportunities to be among the leading countries in the production and export of sustainable and low-carbon aviation fuel."


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