Economy

Gold prices fell more than 1% on Monday on easing safe-haven appeal for the precious metal. “The sharp intraday fall is sponsored by a positive risk tone, which tends to undermine…

Shares in Orsted sank more than 27% on Monday, nearing an all-time low, after the Danish renewable-energy group scrapped plans to sell a stake in a key US offshore wind…

JPMorgan has made a sharp turn in its Fed forecast, now expecting multiple interest rate cuts starting as soon as September 2025. The bank’s economists see as many as four…

The US government stirred up quite a bit of chaos in the global gold market recently by suggesting that some gold bars, like the one-kilogram and 100-ounce bullion bars, might…

US stocks gained on Friday, setting the three major indexes on course to finish the week higher.The Dow Jones Industrial Average rose 139 points, or 0.3%, while the S&P 500…

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…