Chinese Yuan Steadies as PBoC Prioritises Currency Stability
Markets analysis on behalf of Joseph Dahrieh, Managing Principal at Tickmill
The Chinese yuan has remained relatively stable, supported by the People’s Bank of China (PBoC) policy and a steady 10-year government bond yield near 1.66%. On Monday, the central bank kept the one-year and five-year loan prime rates (LPR) unchanged at 3.1% and 3.6%, respectively, marking the...
Yen Weakens as BoJ Holds Rates Steady in Light of Tariff Concerns
Markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The Japanese yen weakened while Japan’s 10-year government bond yield declined after the Bank of Japan (BoJ) maintained interest rates at 0.5% and lowered its growth projections due to increasing uncertainty around U.S. tariffs. The BoJ expressed concerns that higher...
Apple’s 2021 revenues are up 4X the last 11 years
Apple.Inc has quadrupled its revenue over the previous 11 years. According to data presented by tradingplatforms.com,...
Slump in fuel demand and lack of storage capacity force Indian refiners to issue force majeure notices
The extended lockdown announced by India to curtail...
Oil markets vulnerable after Houthi rebel strikes leave Saudi Arabia on the ropes
By Richard Price, Global Crude Oil Deputy Editor, ICIS
Oil markets stand exposed...
Middle East Business Magazine and News interview with the Honourable Jim Carr, Canada’s Minister of International Trade Diversification
The Middle East Business Magazine and News...
International Islamic Trade Finance Corporation (ITFC) announces major trade initiatives at 2018 Rebranding Africa Forum
The first announcement was for a US$1.5 Billion Framework Agreement...
Ramallah, The Union of Arab Statisticians awarded the Palestinian Central Bureau of Statistics (PCBS), the Medal of Arab Statistical Excellence, 2018
PCBS received the award...
Doing Business in the Middle East: Skyscraper Construction in emerging markets
During 2012, the world witnessed the birth of 66 extremely tall buildings around the world....
