India’s gold demand recovers slightly but remains below average
Gold demand in India picked up in the latter half of the week, but still remained below average as prices moved down from record highs.Meanwhile, traders in China continued to…
Economy
1486 posts
US inflation cools in January, fueling hopes for a June rate cut
Inflation showed a modest decline in January, even as concerns grew over President Donald Trump’s proposed tariffs.The personal consumption expenditures (PCE) price index, which serves as the Federal Reserve’s preferred…
Why demand for platinum and palladium is at risk from proposed US tariffs?
The demand for precious metals like platinum and palladium is expected to decline if the proposed tariffs by President Donald Trump on US auto imports lead to a decrease in…
Citigroup’s $81 trillion blunder: how a ‘fat finger’ mistake was caught
Citigroup narrowly avoided what could have been one of the largest banking blunders in history after it mistakenly credited a client’s account with $81 trillion instead of the intended $280.…
‘You’re gambling with World War III’: Trump and Zelenskyy engage in heated argument in the Oval Office
President Donald Trump’s meeting with Ukrainian President Volodymyr Zelenskyy on Friday quickly turned tense, as the two leaders clashed over the prospects of a US-brokered peace deal with Russia. Zelenskyy…
Asia markets slide as Trump confirms tariffs on Mexico, Canada, and China
Asian stock markets tumbled on Friday after US President Donald Trump confirmed tariffs on Mexico, Canada, and China, rattling investor sentiment. The announcement, which marks a renewed escalation in trade…
What is Vietnam considering to avoid US tariffs?
Vietnam’s booming trade relationship with the US is under increasing threat as former US President Donald Trump signals sweeping tariffs that could impact nearly all of the country’s exports to…
Indian IT stocks plunge as US slowdown fears grow, Trump’s tariff policies add pressure
Shares of Indian IT companies plunged on Friday as investor sentiment turned cautious over concerns about a slowing US economy and rising inflation expectations, exacerbated by former US President Donald…
Zelensky and Trump to sign critical minerals deal amid evolving US-Ukraine ties
President Volodymyr Zelenskiy of Ukraine will meet with US President Donald Trump on Friday to sign a deal on critical minerals, according to a Reuters report. This visit comes as Kyiv…
$4.7B in Bitcoin options expire today: Is more volatility ahead?
A significant batch of Bitcoin options contracts is set to expire on Friday, February 28, with a total notional value of approximately $4.7 billion. This expiry event, larger than usual…