Gold prices remained steady today and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month (September 2024).
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China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed today.
The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month (August 2024), quickening fr…
European stocks started the week higher, with investors awaiting economic data that could lead to a European Central Bank interest rate cut later in the week.
The pan-European STOXX 600 index was up 0.5 percent, after posting its worst weekly perfor…
The dollar recovered some lost ground today while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal Reserve rate cut expected later this September 2024.
The onshore yuan was last 0.3 percent weaker at 7.11…
OQ SAOC announced its intention to offer up to 25% of its shares in OQ Exploration and Production (OQEP) Company (under transformation) through an initial public offering (IPO), on receipt of required approval from the Financial Services Authority (F…
At least 24 people have died, and 299 others have been injured over the past two days due to Typhoon Yagi, the strongest storm to hit northern Vietnam in the past 30 years.
The storm has been followed by landslides and flooding in northern Vietnam.
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