Gold prices climbed on Thursday, defying expectations of pressure from rising US interest rates.
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International News
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Africa NewsInternational NewsNews
Ethiopia-Djibouti railway earns $50m in 9 months
by Nada Aliby Nada AliThe China-built Ethiopia-Djibouti railway has been successful, generating 2.84 billion Ethiopian birrs ($50 million) in revenue in …
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CommoditiesFeatureIndustry & TradeInternational NewsNews
Biden proposes tripling tariffs on Chinese steel, aluminium
by Nada Aliby Nada AliPresident Joe Biden has unveiled a bold plan to triple tariffs on steel from China, aiming to …
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EnergyFeatureInternational NewsNews
EU to sue Germany for breaking EU single market rules
by Aya Anwarby Aya AnwarThe European Commission is anticipated to initiate legal action against Germany for imposing an additional charge on …
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Featureforex newsInternational NewsNewsThe Watch
China’s c. bank injects $281.6m into banking system
by Nada Aliby Nada AliChina’s central bank announced a move to inject liquidity into the banking system on Wednesday, by conducting …
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CommoditiesFeatureforex newsInternational NewsNewsThe Watch
China’s gold prices rise on Wednesday
by Nada Aliby Nada AliChina’s benchmark prices for spot gold transactions on the interbank market edged higher on Wednesday.
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FeatureInternational NewsNewsTech newsTech/AI
Tesla eyes Indian market with potential $3b investment
by Nada Aliby Nada AliElon Musk, CEO of Tesla, plans to invest $2-$3 billion in India, which could significantly impact the …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
VW, Xpeng team up to develop affordable EVs for China
by Nada Aliby Nada AliVolkswagen (VW) announced a collaboration with Chinese electric carmaker Xpeng to develop a new electrical architecture specifically …
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Featureforex newsInternational NewsMoneyNewsThe Watch
China’s yuan edges up slightly against US dollar
by Nada Aliby Nada AliThe Chinese yuan saw a small gain against the US dollar on Wednesday, Xinhua reported. The central …
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BanksFeatureInternational NewsMoneyNews
China injects $28.16b early boost to ’24 investment plans
by Nada Aliby Nada AliChina is ramping up its economic stimulus by allocating over 200 billion yuan ($28.16 billion) early this …