Live: US Treasury bond yields and the dollar index rose during trading today, Wednesday, with an evaluation of data that showed the resilience of the housing market in the United States, despite the tightening of monetary policy and the rise in mortgage rates. The yield on two-year US Treasury bonds rose by approximately 5 basis … Read more
(Ecofin Agency) – The project, awaiting approval, aims to support the Bank’s lending operations to Burundian micro, small and medium-sized enterprises. The financial institution whose largest shareholder is the Bank of Africa is exposed to SMEs in commerce, services, hotels and public works. Banque de Crédit de Bujumbura (BCB), the third largest bank in Burundi … Read more
Kuwait – Mubasher: For the third month in a row, local liquidity in the State of Kuwait decreased at the end of September 2023 by about 0.16% on a monthly basis, according to the monetary bulletin issued by the Central Bank of Kuwait, today, Monday. Domestic liquidity in the banking sector “Money Supply 2” recorded … Read more
Kuwait – Mubasher: The profits of Umm Al Quwain General Investments Company, listed on the Kuwait and Abu Dhabi stock exchanges, multiplied by about 19 times in the third quarter of 2023, recording an annual growth of 1864.86%. According to a statement on the Kuwait Stock Exchange, today, Sunday, the company’s profits for the three … Read more
direct: Excess liquidity at the Central Bank of Jordan increased by 12 million dinars, including funds deposited overnight in the deposit window. Surplus liquidity at the Central Bank of Jordan today, Wednesday, October 18, amounted to 3.697 billion dinars, compared to 3.685 billion dinars yesterday, Tuesday, October 17, including funds deposited overnight in the deposit … Read more
Muhammad Shaker – Mubasher: UAE financial market indices declined at the end of Wednesday’s trading session, amid escalating geopolitical tensions in the Middle East, coinciding with the start of the corporate results season in the third quarter of 2023. According to data from the UAE financial markets, the Dubai Financial Market incurred losses amounting to … Read more
Noha Makram – Mubasher – A new report by Reuters stated that the escalation of the war between Israel into a broader conflict could deal another blow to global growth and hinder efforts to reduce inflation. Market reaction has been modest so far, but this may change. Hamza Medib, director of the Political Economy Program … Read more
Direct: US Treasury bond yields continued to rise during Tuesday’s trading, driven by an assessment of the economic prospects in the United States and the possibilities of maintaining a monetary tightening policy for a long period. The yield on two-year Treasury bonds rose by more than 14 basis points to 5.239%, at 09:20 pm Mecca … Read more
The restructuring led by the new president of the Rolls-Royce Group, with the aim of reducing costs, includes laying off 6⁒ of the global workforce of 42,000 employees in its factories around the world, and this constitutes the second phase of a reorganization plan extending over several years. Published on: 10/17/2023 – 18:09 2 minutes … Read more
The Ministry of Finance proposed to oblige exporters to submit consolidated statements to the Bank of Russia on foreign currency assets and liabilities – that is, taking into account all subsidiaries, including foreign ones. This is stated in the draft amendments to the law on currency control prepared by the ministry (Vedomosti has the document). … Read more