Economy

Gold prices were little changed on Monday as traders awaited the inauguration speech of President-elect Donald Trump later today.  “The US Dollar (USD) kicks off the new week on a…

Global gold prices surged 27% in 2024, driven by central bank interest rate cuts and a rise in safe-haven demand. This sharp increase in global prices has dampened domestic demand…

The World Economic Forum’s (WEF) 20th global risk report delivers a sobering analysis of the world’s most pressing challenges, revealing that only 11% of experts anticipate stability in the near…

The Federal Reserve has reduced its benchmark interest rate by 1% since September 2024, aiming to give the U.S. economy breathing room after earlier aggressive hikes.  Yet, the yield on…

Emboldened by the prospect of a friendlier Trump administration, Wall Street banks are ramping up efforts to overhaul US capital rules. In a Reuters report, industry executives reveal an ambitious…

A slim majority of economists surveyed by Reuters believe the US Federal Reserve will hold its key interest rates steady during its January 28-29 meeting and likely resume cuts in…

Donald Trump, the US president-elect, announced on his social media platform, Truth Social, that he had a “very good” phone call with Chinese President Xi Jinping ahead of his return…

The US Supreme Court has upheld the law mandating China-based ByteDance to divest its ownership of TikTok by Sunday, or face an effective ban of the popular video-sharing app in…

India’s economic growth is set to maintain a steady pace of 6.7% annually for the next two fiscal years, as per the World Bank’s latest projections. This forecast positions India…