The gold rally, having reached a record high above $3,500 per ounce in April, has since stalled and requires a new catalyst to drive further gains.Despite recent sluggishness, the price of the precious metal has risen by approximately 28% this year. This rally is primarily attributed to the global trade…
Much of China experienced extremely hot weather, causing a record-breaking surge in electricity use, exceeding 1.5 billion kilowatts, according…
A significant upward revision to May’s payroll figures, coupled with Wednesday’s hotter-than-expected inflation data, is easing the pressure on…
A quiet town in Maharashtra found itself in an international spotlight this week.Kolhapur, famed for its traditional leather chappals…
Shares of PepsiCo Inc. climbed in premarket trading on Thursday after the snack and beverage giant reported a better-than-expected…
Executives at several major Russian banks, designated as systemically important by the Bank of Russia, have been meeting behind…
China’s economy is officially expanding. GDP rose 5.2% in the second quarter of 2025, slightly above expectations. Retail sales…
Against the backdrop of rising global geopolitical tensions and growing economic uncertainty, the European Central Bank (ECB) is intensifying…
UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%.…