Economy

Iraq is seizing the opportunity presented by reduced Russian crude exports, utilising its strong infrastructure and desirable medium-sour crude to capture a larger share of the Asian oil market.Independent Chinese…

Under Armour shares fell as much as 21% to $5.25 in early trading on Friday after the sportswear maker warned that sales would deteriorate further this quarter and that tariff-related…

The Trump administration is preparing to launch initial public offerings for mortgage finance giants Fannie Mae and Freddie Mac later this year, in a move that could mark one of…

The stock market’s recent rally may be nearing a pause as signs of slowing US economic growth emerge, according to Andrew Garthwaite, chief global equity strategist at UBS. The strategist…

Gold prices may reach new peaks, driven by potential US Federal Reserve rate cuts, ongoing central bank acquisitions, and increased ETF investments, according to ING Group.The bank has revised upwards…

Higher prices dampened physical gold demand in major Asian centres this week, while also prompting some investors to sell off their holdings.“Buyers aren’t keen on picking up gold at these…

For nearly two years, Israel has been fighting on multiple fronts. Gaza, Hezbollah, Iran, and, more recently, facing missile threats from Yemen.Yet its economy has delivered some of the strongest…

U.S. President Donald Trump and Russian President Vladimir Putin are set to meet for summit talks within the next few days, the Kremlin announced on Thursday. This high-stakes diplomatic engagement…

The United States is collecting more tariff revenue than at any time in its modern history. In July alone, it pulled in nearly $30 billion from customs duties. That follows…