Global Economy
UK Inflation Rises to 2.9% in July as Energy Bills Surge
UK inflation accelerated in July as a sharp increase in household energy bills brought a brief period of relief for...
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Global Chip Selloff Deepens as High Bond Yields and Geopolitical Risks Weigh on Markets
A global selloff in semiconductor stocks deepened on Wednesday as investors retreated from one of the year’s strongest-performing trades amid...
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Asian Shares Rise as Investors Await China Data, Watch Oil Prices
Asian shares edged higher on Monday, led by Chinese stocks as investors awaited key economic data while keeping a close...
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Oil Prices Ease as Weak Demand Outlook Offsets Strait of Hormuz Concerns
Oil prices declined on Thursday after posting gains in previous sessions as markets shifted their focus towards a weaker global...
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Dollar Gains as Oil Rises Ahead of Key US Inflation Data
The U.S. dollar gained on Monday as oil prices rose ahead of Wednesday’s closely watched consumer price inflation report for...
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South African Rand Gains as Gold Prices Rise Ahead of US Jobs Data
The South African rand strengthened slightly against the US dollar on Friday, supported by rising gold prices as investors awaited...
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Asian Stocks Slide as AI Rally Loses Steam, Markets Track Iran Peace Talks
Asian equities declined on Thursday as investor enthusiasm over artificial intelligence (AI) spending weakened following the previous day's rally, while...
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Gold Hits One-Month High as US-Iran Talks Ease Inflation Fears
Gold prices surged more than 2 per cent on Wednesday to their highest level in one month as expectations of...
Read moreAsian Markets Surge as Tech Rally, AI Spending Boost Wall Street Optimism
Asian stock markets surged on Wednesday following record highs on Wall Street, driven by strong earnings reports, renewed enthusiasm for...
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Wall Street Rallies as Strong Earnings and Iran Talks Push Oil Prices Lower
Wall Street stocks opened higher on Tuesday, extending a recent rally driven by strong corporate earnings and falling oil prices...
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