Reuters Telecom Egypt, the country’s state-owned landline monopoly, is in talks with banks about a 5 billion Egyptian pound ($563.07 million) loan to acquire a 4G licence, banking sources said. The sources said Etisalat Egypt was also in talks with banks for a 5 billion pound loan to acquire the licence. “TE is negotiating to acquire five billion pounds, ...

  Bloomberg New Zealand’s central bank said further monetary easing is probably needed to lift inflation, reinforcing expectations of an interest-rate cut next month. The currency fell to a six-week low. “At this stage it seems likely that further policy easing will be required to ensure that future average inflation settles near the middle of the target range,” the Reserve ...

  AFP The yen on Thursday slid to its lowest level in about six weeks on expectations of fresh stimulus from the Japanese government and central bank, ahead of a European Central Bank meeting later in the day. Japan’s currency has lost most of the sharp gains it made in reaction to Britain’s June 23 vote to exit the European ...