Oil steady on Thursday
Oil steadied after four days of declines as traders assessed Middle East risks and weak China stimulus measures.…
Browsing Tag
geopolitical tensions
ECB to cut rates as inflation concerns rise – Villeroy
The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
China holds off on gold purchases for 5th straight month
The People's Bank of China (PBC) maintained its gold holdings at 72.8 million troy ounces at the end of September.
Egypt’s petrochemical sector captures 19.3% of total credit portfolio by March…
Egypt’s petrochemical sector has significantly bolstered Egypt's economic growth, capturing 19.3 per cent of the…
ADB maintains 6% growth forecast for Philippines in ’24
The Asian Development Bank (ADB) kept its growth forecast for the Philippine economy at six per cent for 2024 and…
Finland’s economy to shrink 0.5% in ’24, slow recovery ahead
The Finnish economy is expected to contract by 0.5 per cent in 2024, with a slow recovery projected, according to…
WTO barometer signals uptick in global trade, but risks looming
Global goods trade is rebounding in the third quarter of 2024, as the World Trade Organization (WTO) Goods Trade…
Gold prices slip as dollar recovers
Gold prices fell in Asian trade on Wednesday, as the US dollar recovered from its 13-month lows.
UK shop prices decline in August
UK shop prices fell into deflation for the first time in nearly three years in August, registering a decline of 0.3…
Gold holds ground as Fed signals imminent rate cuts
Gold prices held steady on Monday, supported by a weaker dollar and lower Treasury yields following dovish remarks…
