Jimmy Lai, the billionaire media tycoon and prominent pro-democracy activist, has been sentenced to 20 years in prison in Hong Kong in the most high-profile national security case since Beijing imposed sweeping security laws on the territory.The 78-year-old British citizen was convicted in December on charges of sedition and conspiracy…

According to figures released on Monday by the national statistics agency, Mexico’s inflation rate rose in January, supporting the central bank’s decision last week to keep its benchmark interest rate unchanged.Consumer prices increased from 3.69% in December to 3.79% in January. The reading marked a further rise in the annual…

Inflation in Brazil likely kept a moderate pace in January, remaining below the upper bound of the central bank’s target range for a third month in a row, according to a Reuters poll with economists.The anticipated result is bolstering expectations that Banco Central do Brasil might start slashing rates in March.A survey…

Gold prices reclaimed the $5,000 per ounce mark on Monday as the dollar slipped against a basket of major currencies. Silver prices also surged more than 6% to trade around $82 per ounce. The white metal is gaining interest from reflation trades, driven by political developments in Japan and continuous US…

Gold prices drifted lower in Asian trade on Tuesday, snapping a two-day positive streak for the precious metal. Experts believe that the market lacked strong follow-through selling, and demand from central banks has created a floor for the prices. Even though gold prices fell on Tuesday, the yellow metal remained above the…

Global markets and corporate developments delivered a mixed set of signals on Tuesday, as investors weighed political shifts in Asia, trade disputes involving major manufacturers, diplomatic tensions between China and the United Kingdom, and leadership changes at a prominent electric-vehicle maker. Asian equities climb as Japan rally lifts regional marketsAsian…

There is one currency making the most headlines and moving markets since the beginning of the year, and it’s not the US dollar. It is the Japanese Yen, which has been pushing higher ever since the beginning of the year.Traditionally, the yen barely reacted to political and macroeconomic risks.Now it…

Lower-income families in the UK could wait more than a century to see their living standards double if current trends persist, according to new research that highlights the scale of income stagnation and its social consequences.The Resolution Foundation said it would take around 137 years for working-age households in the…