Asia-Pacific markets rose on Wednesday as trade talks between the US and China resulted in a deal, according to officials from both countries.
Mainland China's CSI 300 index increased by 0.75 per cent to end the day at 3,894.63, and Hong Kong's Hang (...)
South Korea's manufacturing sector shrank for a fourth straight month in May as output and new orders fell more sharply, weighed down by sluggish domestic demand and rising US tariffs, a private business survey showed on Monday.
The S&P Global South (...)
Asia-Pacific markets had a mixed trading day on Tuesday as investors evaluated the global trade situation following US President Donald Trump's decision to delay 50 per cent tariffs on European Union imports.
Japan's Nikkei 225 closed the day 0.51 (...)
Asia-Pacific markets surged on Monday following the announcement of a trade agreement between China and the US, which included a 90-day tariff pause and a reduction in reciprocal tariffs by 115 percentage points.
Hong Kong stocks were the top (...)
Egypt is home to 170 pharmaceutical factories, 11 of which are internationally accredited by leading organizations such as the World Health Organization (WHO) and the European Medicines Agency (EMA), according to Dr. Ali El-Ghamrawy, Chairperson of (...)
South Korea's foreign reserves stood at $404.7 billion as of the end of April 2025, compared to 409.7 billion in the previous month, as per a statement published by the Bank of Korea (BOK) on Thursday.
The majority of the foreign reserves, (...)
Most stocks in the Asia-Pacific region rose following the announcement by China's central bank and financial regulators of extensive measures to reduce key interest rates in order to support growth amid trade concerns.
The Hang Seng index in Hong (...)
Asia-Pacific markets rose on Tuesday following Wall Street's positive performance. President Trump's administration's plan to reduce auto tariffs and company earnings reports were key factors influencing investor sentiment.
Mainland China's CSI 300 (...)
South Korea and Egypt will mark the 30th anniversary of their diplomatic relations with a cultural and arts exchange symposium and performances at the American University in Cairo (AUC) on April 30, 2025.
The event, themed "5,000 Years of (...)
The Korea International Cooperation Agency (KOICA) hosted a "Korean Culture Day" in Cairo to commemorate the 30th anniversary of diplomatic relations between South Korea and Egypt.
The event, held at the Ministry of Defense Language Institute (...)
Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Saudi Minister of Transport and Logistic Services, Saleh Al-Jasser, during an official visit to the Kingdom, to advance (...)
Egypt and South Korea today commemorate 30 years of diplomatic relations, marking a period of significant growth in trade, investment, and defence cooperation. This anniversary, which falls in April 2025, provides an opportunity to reflect on the (...)
Global coal-fired power capacity grew by just 18.8 gigawatts in 2024, its smallest increase in two decades, according to data from Global Energy Monitor (GEM). Despite a record surge in renewables, 44 GW of new coal power was commissioned, (...)
Egypt has appointed on Friday Ahmed Amawi as the new Chairman of the Egyptian Customs Authority, signalling a renewed push for streamlined trade and investment. Prime Minister Moustafa Madbouly's decree, effective for one year, underscores the (...)
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has met with a delegation from the Korea International Cooperation Agency (KOICA) to discuss the development of a digital platform designed to (...)
Most markets in the Asia-Pacific region rose on Monday, as investors closely monitored Chinese stocks.
Mainland China's CSI 300 ended the day 0.24 per cent lower at 3,996.79, while Hong Kong's Hang Seng Index increased 0.77 per cent in the last hour (...)
Egypt and South Korea are set to launch an integrated risk management and tracking project for industrial and non-food goods, backed by a grant exceeding 600 million Egyptian pounds from the Korean government. The initiative aims to enhance (...)
Saudi Arabia's non-oil exports, including re-exports, increased by 18.1 per cent in December 2024 compared to the previous year.
National non-oil exports, excluding re-exports, grew by 15.9 per cent, while re-exported goods surged by 23.4 per cent (...)
Sponsored Post
The highly anticipated Egypt Coatings Show 2025 is set to open tomorrow at the Egypt International Exhibition Center in Cairo, bringing together global industry leaders, innovators, and professionals for three days of networking, (...)
The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, held its 32nd meeting on Wednesday and approved several key decisions to enhance international cooperation and drive national development.
One of the major approvals was a draft (...)
Egypt's Health Minister Khaled Abdel Ghaffar is eager to strengthen collaboration with South Korea in the health sector, highlighting their long-standing historical relationship, the Egyptian Cabinet stated.
He commended South Korea's Ambassador to (...)
US President Donald Trump has significantly raised tariffs on steel and aluminum imports to a flat 25 per cent "without exceptions or exemptions." The move, Trump hopes it would help revitalise struggling domestic industries in the US, also risks (...)
The European Union (EU) pledged to retaliate with "firm and proportionate countermeasures" following US President Donald Trump's decision to raise tariffs on all steel and aluminium imports with no exceptions or exemptions.
The new tariffs, which (...)
Manal Awad, Egypt's Minister of Local Development, welcomed Kim Young-hyun, South Korea's Ambassador to Cairo, for a meeting to discuss expanding bilateral cooperation in the field of local development. The Monday meeting was also attended by Hossam (...)
Amr Talaat, the Minister of Communications and Information Technology, presented Egypt's Digital Strategy vision during a tour of the Creativa Innovation Hub in Giza, which was led by Prime Minister Mostafa Madbouly.
Talaat outlined the Ministry's (...)
