The U.S. stock market is reeling from its worst first half of any year since 1970. The Federal Reserve’s monetary policy meeting is among potentially pivotal events after the S&P 500 fell 20.6% in the first six months. The S&P 500 has had one of the worst starts to the year since World War Two. … Read more
CAIRO: Egypt expects an 11 per cent hike in the revenues from Suez Canal during the first half of 2022, Arab News quoted Lt Gen Osama Rabie, as saying, in a TV interview. The chairman and the managing director of the Suez Canal Authority said he expects a commercial boom in the coming period with demand for … Read more
BEIJING: China’s service trade rose 6.7 per cent year on year to around 2.38 trillion yuan ($367.97 billion) in the first half of the year, the Ministry of Commerce said on Tuesday. Of the total, service exports reached approximately 1.13 trillion yuan, up 23.6 per cent year on year, and service imports stood at around … Read more
