Recent Posts

Japan posts trade surplus as imports fall

  Bloomberg Japan posted a trade surplus for a third straight month in November as imports continued to fall faster than exports. Export values declined at the slowest pace since September 2015, with exports to China rising for first time since February. Exports fell 0.4 percent in November from a year earlier (forecast -2.3%), after declining 10 percent in October, ...

Read More »

China home price growth slows as property curbs dent demand

  Bloomberg China’s overheated property market continued to cool in November as authorities rolled out renewed home-buying curbs to deflate a housing bubble. New-home prices, excluding government-subsidized housing, gained from the previous month in 55 of the 70 cities tracked by the government, compared with 62 in October, the National Bureau of Statistics said Monday. Prices dropped in 11 cities, ...

Read More »

Egypt surges to fresh 8-year high, Gulf markets diverge

  DUBAI / AFP Egypt’s stock index surged 3.1 percent in heavy trade on Monday as the Egyptian pound depreciated against the US dollar, prompting more buying by foreign funds, while Gulf bourses diverged. Twenty-seven of the 30 most liquid Egyptian shares rose, taking the index to a fresh eight-year high, with Telecom Egypt and Global Telecom Holding each jumping ...

Read More »
Send this to a friend