Facing an economic crisis and consequently fewer US dollars and other hard currencies, Egypt floated a three-year sustainability panda bond worth 3.5 billion yuan (US$478 million) in October. Panda bonds – typically denominated in yuan and issued in China by non-Chinese organisations, including governments and corporations – have gained traction as traders and countries seek
India is the world’s second-biggest gold consumer after China 4 min read Last Updated : Aug 15 2024 | 2:29 PM IST India’s gold imports, which have a bearing on the country’s current account deficit (CAD), dipped by 4.23 per cent to $12.64 billion during April-July 2024-25 due to global economic uncertainties, according to
Siya Kolisi looks set to leave Racing 92 after just one season with his time at the French Top 14 side dubbed a “flop”, which is a trend with the club. Racing 92 have a history of signing high-profile players who haven’t quite delivered on the pedigree that they have promised and Kolisi looks to