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Asian Stocks Decline Amid Concerns Over Pace of U.S. Interest Rate Cuts
SadaNews - Asian stocks declined, influenced by the drops recorded on "Wall Street" on Monday, as traders grew more concerned about the pace of interest rate cuts by the Federal Reserve over the next year, following a nearly certain cut this week.
The regional stock index of "MSCI&...
Egypt decides to dispose of the regasification ship docked at Aqaba port in Jordan after r...
SadaNews - Egypt has decided to dispose of the regasification ship docked at Aqaba port in Jordan after renting it for six months, given the lack of need for it as natural gas imports from Tel Aviv have stabilized, according to a government official who spoke to "Asharq" on condition of an...
China Continues to Lead the Global Scene in Base Metals
SadaNews - A clearer picture is now emerging regarding Beijing’s plans to ease restrictions on the export of rare earth metals and other base metals following the meeting between Presidents Donald Trump and Xi Jinping in October in Busan, South Korea.
The pressure seems to have eased curren...
Serbia Ready to Increase Spending to Regain Control of the Only Oil Refinery from Russia
SadaNews - Serbia has expressed its readiness to pay a higher price to regain control of the oil refining company "NIS AD", while looking for ways to separate the Russian-owned company from intensified U.S. sanctions, according to President Aleksandar Vučić on Sunday.
Vučić said during...
Amazon Announces Largest Layoff in Its History
SadaNews - Amazon is preparing to announce comprehensive job layoffs starting today, Tuesday, according to CNBC.
The plan will represent the largest workforce layoff in Amazon's history and will include nearly all of its operations, according to sources.
Reuters reported that Amazon plans...
Artificial Intelligence at the Core of Central Bank Discussions During IMF Meetings
SadaNews - Policymakers, already concerned about rising trade tensions and public debt inflation, are preparing to face a new worry next week: the risk of a financial market collapse.
Monetary policy makers and finance ministers from around the world will gather in Washington for the fall meeting...
Movements to Rescue the Authority.. Will the Donor Conference Succeed in Lifting the Finan...
Exclusive to SadaNews: As the United Nations prepares to host the donor conference in New York on September 25, warnings of an imminent financial collapse threatening the Palestinian Authority are rising, amid Israel's continued detention of clearance funds and preventing the Palestinian delegat...
The Arab Islamic Bank Launches the Volunteer Program "Together We Grow"
SadaNews - The Arab Islamic Bank announced the launch of the "Together We Grow" volunteer program, a step that reflects its firm commitment to social responsibility and sustainability, and to instilling the values of solidarity and giving in Palestinian society. The program aims to engage...
Stability of Gold Price Near Its Peak Following Shocking Data
SadaNews - The price of gold stabilized just below its historical highs after unexpected data showed a decline in producer prices in the United States, bolstering expectations that the Federal Reserve will move towards easing monetary policy.
The price of an ounce recorded about $3,642, which is...
Oil Prices Decline for the Twelfth Consecutive Day
SadaNews - Oil prices fell for the second consecutive day, influenced by trader concerns regarding the potential for the "OPEC+" alliance to raise production, alongside indications of an economic slowdown in the United States and industrial data showing an increase in inventories at a majo...