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Asian Stocks Decline Amid Concerns Over Pace of U.S. Interest Rate Cuts

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 renting it for 6 months

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

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

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

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...
Gold Prices Stabilize at $4,381 per Ounce

Gold Prices Stabilize at $4,381 per Ounce

SadaNews - Gold stabilized near a new record level, maintaining its support, despite market optimism over a decrease in global trade tensions and increasing hopes for the imminent reopening of the U.S. government. The precious metal prices jumped by as much as 3.1% on Monday, peaking at $4,381.52...
Egypt: 15 Million Tourists Received During the First 9 Months of 2025

Egypt: 15 Million Tourists Received During the First 9 Months of 2025

SadaNews - Egypt received 15 million tourists during the first 9 months of this year, a growth of 21% year-on-year, bringing it closer to its target of 18 million tourists by the end of the year. Egypt's Minister of Tourism and Antiquities, Sherif Fathy, stated that "the number of touris...
Oil Prices Rise After Reducing Losses in the Opening Session

Oil Prices Rise After Reducing Losses in the Opening Session

SadaNews - Oil prices rose after reducing their losses in the weekly opening session, as investors balanced the implications of renewed trade tensions between the United States and China against global demand prospects. Brent crude traded above $63 a barrel after rising in the previous session fo...
Artificial Intelligence at the Core of Central Bank Discussions During IMF Meetings

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...
Oil Prices Decline as Traders Focus on Easing Tensions in the Middle East

Oil Prices Decline as Traders Focus on Easing Tensions in the Middle East

SadaNews - Oil prices declined as traders focused on the easing tensions in the Middle East and rising U.S. inventories. Brent crude fell below $66 a barrel after rising over 1% on Wednesday, while West Texas Intermediate stabilized near $62. U.S. President Donald Trump stated that Israel and...