Gold slips as upbeat US data boosts dollar, dims rate-cut bets
A firmer US dollar makes greenback-priced metals more expensive for overseas buyers Prices of gold and silver extended their losses on Friday (Jan 16) after a stronger-than-expected US…
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Gold falls as strong US jobs data dims rate-cut prospects
Traders now see nearly a 39% chance for a Fed rate cut next month, down from 60% earlier this month Gold prices slipped on Friday (Nov 21) and were on track for a weekly fall, as a…
Trump Threatens Violence Against Hamas as Gaza Ceasefire Outlook Dims
“I don’t think it’s believable to tell the American people that while we control the White House, the House, and the Senate, that we can’t return to work in Washington, D.C., because Chuck…
Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
Japanese shares surged to a record high on Monday (Oct 6), while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the country’s next premier, stoking…
Britain's Lloyds says profits up 5%, even as economic outlook dims
Statutory profit before tax for the first six months of the year was £3.5 billion Lloyds Banking Group reported its profit for the first half of the year rose 5 per cent, beating…
Bernard Arnault’s US$37 billion wealth loss comes as luxury dims in China
EIGHTEEN months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest person. Fast forward to Wednesday (Oct…