Economy

Cargoes carrying liquefied natural gas (LNG) have been diverted from Asia to Europe in the past few days, Reuters quoted data from analytics firm Kpler on Monday.  According to the…

Wall Street’s main indexes rose on Monday as investors waited for major market-moving earnings results.  Investors were waiting for the earnings results of AI-chip leader NVIDIA on Monday after last…

Inflation in the UK has re-entered the spotlight, sparking questions about what lies ahead for the economy. After a sharp decline to 1.7% in September 2024—below the Bank of England’s…

Precious metals are on the bounce once again with gold and silver gaining grounds amid a softening of the US dollar.  Gold prices snapped a six-day losing streak on Monday…

Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship…

The eurozone economy is grappling with a growing set of challenges, from declining industrial output to rising global trade tensions.Industrial production is contracting, growth forecasts are being downgraded, and the…

Oil prices were slightly higher on Monday as tensions between Russia and Ukraine escalated over the weekend.  According to reports, Russia launched its biggest air strike on Ukraine in almost…

A prolonged weakness in gold prices seems unlikely with long-term fundamentals remaining in favour of the yellow metal.  Even as gold prices on COMEX have dropped 7% so far in…

Indonesia’s middle class, once a symbol of the nation’s economic resilience, has suffered a severe contraction since 2019. According to the Central Bureau of Statistics, nearly 10 million people have…