The price of silver has surged past the $34 per ounce threshold, reaching heights not seen since late October. This upward movement comes as gold prices also experience a notable increase, suggesting a potential correlation between the two precious metals. Various factors could be contributing to this recent price surge, including economic…
The US Federal Reserve maintained its benchmark interest rate on Wednesday but indicated that rate cuts are likely later this year, reflecting growing concerns over economic uncertainty, inflationary pressures, and the impact of tariffs. The Federal Open Market Committee (FOMC) kept the federal funds rate within the 4.25%-4.5% range, unchanged…
US stocks climbed on Wednesday after the Federal Reserve decided to keep interest rates unchanged, as investors assessed the potential economic impact of President Donald Trump’s tariff policies and the central bank’s outlook.The Federal Reserve maintained its benchmark interest rate in the 4.25%-4.50% range, in line with expectations, and projected…
Burger King UK, the main operator of the fast-food chain’s British business, is set to begin discussions with lenders for a major refinancing deal nearly eight years after it was acquired by private equity firm Bridgepoint, according to a report by Sky News. The company is looking to secure an…
China’s central bank kept its key lending rates unchanged on Thursday as policymakers balanced the need to support economic growth while maintaining currency stability amid rising trade tensions.The People’s Bank of China (PBOC) left the one-year loan prime rate (LPR) at 3.1% and the five-year LPR at 3.6%, unchanged since…
The latest Federal rate decision pushed Bitcoin towards $86K, opening the path to the key resistance at $90K. Bitcoin exchange-traded funds recorded inflows of $512 million in the three days leading up to the Fed’s decision.Such trends signal massive institutional demand fueling Bitcoin’s prevailing bullish momentum. This recovery bodes well…
The European Commission is planning to significantly reduce sugar imports from Ukraine, according to a Reuters report. This decision comes after EU producers voiced concerns that the influx of Ukrainian sugar has led to a dramatic drop in sugar prices.The EU has faced a larger dilemma in the last three years,…
A proposed sale of strategically significant port assets by Hong Kong’s CK Hutchison to a BlackRock-led investment group has ignited a firestorm of controversy, thrusting the transaction into the complex arena of international geopolitics. Beijing’s mounting unease over the deal raises critical questions about its future: Can China effectively block…
Topshop, once the crown jewel of British high-street fashion, may be on the verge of a return to physical retail after being limited to online sales since 2021. The brand, which collapsed in 2020 and was later acquired by Asos, has dropped a series of cryptic social media teasers, fuelling…
In January 2025, the National Administrative Department of Statistics (DANE), reported a 2.65% rise in Colombia’s Economic Follow-up Index (ISE). According to local media outlet La Republica, these results mark the seventh successive month of expansion though it is lower than December 2024. The growth path highlights the success of the public…