Gold prices pared losses from earlier in the day as softer-than-expected US inflation data raised hopes of Federal Reserve rate cuts next year. Silver prices fell sharply as investors…
Japan’s central bank on Thursday began its final policy meeting of the year, with investors widely expecting a landmark interest rate increase that would take borrowing costs to…
Consumer prices in the United States rose less than expected in November, adding to investor optimism that with inflationary pressures easing, the Federal Reserve might cut interest rates…
US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13.The development comes as a reversal to the previous week’s sharp…
The Bank of England has lowered its benchmark interest rate from 4% to 3.75%, taking borrowing costs to their lowest level in nearly three years as policymakers respond…
BP has appointed Meg O’Neill, the chief executive of Australia’s Woodside Energy, as its new CEO. This move signals BP’s intention to intensify efforts to increase returns and prioritise…
Indonesia faces a massive financial challenge in its shift to greener energy for captive power, requiring an estimated $31 billion in investment by 2030 and a total of…
Global markets opened amid heightened geopolitical and economic crosscurrents on Thursday, with Washington approving a major arms sale to Taiwan, Asian equities sliding on renewed concerns over artificial…
Pop Mart International Group Ltd., once one of Hong Kong’s hottest stocks, is facing growing investor skepticism as signs emerge that the global craze for its Labubu character…