Market

European Stocks Start the Week Strong

European stocks closed on a bright note on Monday .The pan-European Stoxx 600 climbed 0.53%. Germany’s DAX jumped 0.96%, while France’s CAC 40 ended 0.49% up, while Switzerland’s SMI both ended higher by 0.49%. The London Stock Exchange was closed tod…

The shekel declines amid expectations of an invasion of Rafah

Bethlehem – Ma’an – The exchange rate of the Israeli shekel fell by 1.3 percent against the US dollar, to 3.75 shekels in early trading Monday, amid expectations of an imminent Israeli military invasion of the city of Rafah in the Gaza Strip.

While t…

China’s Central Bank Injects 2 Billion Yuan into Banking System

China’s central bank conducted 2 billion yuan ($282 million) of seven-day reverse repos at an interest rate of 1.8% on Monday.

The move aims to keep liquidity reasonable and ample in the banking system, the People’s Bank of China said in a statement,…

China’s smartphone shipments reach 69.3 mln units in Q1

Beijing, China’s smartphone shipments grew by 6.5 percent year on year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed.

Although this growth figure was supported by a low comparison base year, it marked t…