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China’s consumer inflation fell to 0.1% year-on-year in December, according to data released by the National Bureau of Statistics on Thursday. The slowdown in inflation has heightened concerns over deflation, as weak domestic demand persists despite government stimulus measures. The

Federal Reserve officials expressed concerns during their December meeting over potential inflationary pressures stemming from policies proposed by President-elect Donald Trump, according to minutes released Wednesday. The officials signaled a cautious approach to interest rate adjustments in light of significant

Global cryptocurrency markets and technology stocks experienced sharp declines on January 7, 2025, as stronger-than-expected economic data dampened investor expectations for near-term interest rate cuts by the U.S. Federal Reserve. According to data from Arab Crypto Insights, Bitcoin fell more

European markets turned lower on Wednesday following the release of preliminary data indicating a decline in economic sentiment across the euro zone in December. The pan-European Stoxx 600 index, which had gained 0.5% earlier in the session, slipped into negative

U.S. Treasury yields edged higher early Wednesday as investors awaited key labor market data and the release of minutes from the Federal Reserve’s December meeting. Markets closely monitored these developments for signals about future monetary policy shifts. The yield on

ADNOC Logistics and Services plc (ADNOC L&S) has finalized the acquisition of an 80% stake in Navig8 TopCo Holdings Inc. (Navig8) for $1.04 billion (AED 3.8 billion). The agreement also includes a contractual obligation to acquire the remaining 20% stake

Egypt welcomed 15.7 million tourists in 2024, achieving a record for inbound tourism despite ongoing geopolitical challenges in the region, according to Sherif Fathy, Minister of Tourism and Antiquities. The announcement came during Fathy’s participation in a meeting of the

U.S. stock futures advanced for the third consecutive session on Tuesday, led by gains in technology shares, particularly Nvidia. Futures linked to the S&P 500 climbed 0.3%, while Nasdaq 100 futures rose 0.2%. Futures tied to the Dow Jones Industrial

Nvidia has introduced a compact AI supercomputer designed for desktops, aiming to provide advanced artificial intelligence capabilities to developers, researchers, and students. Unveiled by Nvidia CEO Jensen Huang at the CES technology trade fair in Las Vegas, the new device,

Oil prices fell by approximately 1% on Monday during volatile trading, following weak economic data from the United States and Germany. The decline ended a five-day rally that had pushed prices to 12-week highs, driven earlier by a softer U.S.