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CBE auctions off more EGP t-bills, this time at a much lower yield
The one-year bills received offers over 4x its original ask and six-month bills 2x its ask
ESG and climate change take the backseat for infrastructure, energy pragmatism in Fink’s letter
“In my nearly 50 years in finance, I’ve never seen more demand for energy infrastructure”
Concrete shares up nearly 17% on second day of trading
The EGX celebrated the debuts of the two companies with bell-ringing ceremonies yesterday
IMF chief calls on China to “reinvent itself” to end mounting property crisis
A more domestic consumption-centered policy mix could add USD 3.5 tn to China’s economy over the next 15 years, says…
Reddit’s big NYSE debut stokes hopes for a US IPO revival
More listings could revitalize an IPO market that has been sluggish since 2021
Fed keeps rates unchanged, signals rate cuts are coming
The Fed cited solid expansion of economic activity, elevated but easing inflation, and strong job gains for its decision
Japan hikes rates for first time in 17 years
The Bank of Japan increased its rates to 0-0.1%
US investors, beware Chinese zombie companies
The US House of Representatives last week voted to give ByteDance six months to sell TikTok or face a ban…
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