Gold prices hit record highs, dampening Asian physical demand
Higher prices dampened physical gold demand in major Asian centres this week, while also prompting some investors to sell off…
Israel’s wartime economy: resilience or a countdown to strain?
For nearly two years, Israel has been fighting on multiple fronts. Gaza, Hezbollah, Iran, and, more recently, facing missile threats…
Chinese soybean demand shifts, while US exporters eye tariff relief
China’s soybean imports surged in July, increasing 18% year-on-year to 11.7 million tons, though current US involvement in the supply…
Edinburgh Fringe: ‘Where everyone makes money apart from the performers’
£220 for one night in a windowless tiny box in an EasyHotel on Princes Street in Edinburgh—yes, you read that…
US stocks open in the green: Nasdaq up 0.3%, Dow Jones surges 140 points
US stocks gained on Friday, setting the three major indexes on course to finish the week higher. The Dow Jones…
US tariffs push India away from Russian oil, bolstering Iraq’s position in Asia
Iraq is seizing the opportunity presented by reduced Russian crude exports, utilising its strong infrastructure and desirable medium-sour crude to…
Under Armour shares tumble 21% as weak demand and $100 million tariff hit darken outlook
Under Armour shares fell as much as 21% to $5.25 in early trading on Friday after the sportswear maker warned…
Trump admin weighs IPO for Fannie Mae and Freddie Mac later this year: report
The Trump administration is preparing to launch initial public offerings for mortgage finance giants Fannie Mae and Freddie Mac later…
USD/MXN forecast ahead of Banxico decision, Mexico inflation data
The USD/MXN exchange rate continued its strong downward trend this month as investors waited for the coming Banxico interest rate…
Market remain doubtful over impact of additional US tariffs as India navigates its oil purchases
The oil market remains doubtful about the impact of the additional 25% tariffs imposed by the US on India over…