Economics

Gold Reaches Record $4,533 as Investors Seek Shelter Amid Rising Tensions

Gold just shattered records again—surging past $4,533 an ounce for the first time ever on a…
Takaichi Outlines Japan’s 2026 Budget, Emphasizing Growth and Strategic Investment

Japan’s Cabinet approved a record ¥122.3 trillion budget for fiscal 2026 on Friday, with tax revenues…
Silver Surges Past $75 an Ounce as Investors Rush to Safe Havens

Silver prices surged sharply on Friday, climbing above $75 an ounce for the first time on…
European Markets Rise on Ukraine Diplomacy and U.S.–EU Trade Momentum

European markets edged higher on Monday, buoyed by fresh diplomatic signals surrounding Ukraine and cautious optimism…
Fed’s Waller Signals Support for Interest Rate Cut at December Meeting

Federal Reserve Governor Christopher Waller has called for an interest rate cut at the December FOMC…
Deutsche Bank Forecasts Three US Rate Cuts in 2026 as Global Growth Outlook Improves

Deutsche Bank expects the US Federal Reserve to implement three interest rate cuts in 2026 as…
EU Raises Competition Concerns Over UMG’s $775 Million Bid for Downtown

The European Commission has raised formal objections to Universal Music Group’s $775 million acquisition of Downtown,…
South Korea Positions AI as Key Driver of Future Economic Growth

South Korea has emerged as a leading country in the investment and development of artificial intelligence…
IMF chief: Global economy doing better than we feared

IMF chief Kristalina Georgieva offered a measured outlook on the global economy, stating it is performing…