August 2024

Yen Rises, Dollar Falls as Federal Reserve Signals Rate Cut

The US dollar declined today after the Federal Reserve (US Central Bank) kept the door open for a rate cut in September, helping stabilize the yen near its highest level since March following the Bank of Japan’s shift towards a tightening policy The y…

Algeria, Italy Sign MoU in Electricity Exports Field

Algeria and Italy on Wednesday signed a memorandum of understanding (MoU) in the field of electricity exports to Europe.

The Algerian energy group Sonatrach said that the MoU was signed in partnership between Sonatrach, the Algerian electricity and g…

Tokyo Stocks Tumble as Yen Rises Against Dollar

Tokyo stocks tumbled Thursday at the close of trading Thursday, as key sectors including real estate and exporting companies declined, amid a rise in the value of the yen against the dollar.

The 225-issue Nikkei Stock Average ended down 975.49 points…