Gold prices continued to retreat on Friday as investors moved to lock in profits following the precious metal’s sharp rally earlier in the week. After reaching unprecedented levels, the market shifted into correction mode, triggering a notable pullback. In early trading, the price of gold dropped......
The U.S. Treasury labeled China's yuan "largely undervalued" on Thursday and urged Beijing to let it appreciate, toughening its tone in the semiannual currency report while stopping short of naming China a currency manipulator. The assessment cites China's "extremely large and......
Venezuela's National Assembly approved a sweeping overhaul of the country's hydrocarbons law on Thursday, dismantling over two decades of state dominance in the oil sector and opening the door to private investment in the world's largest proven crude reserves. The vote signals a dramatic......
Morocco managed to reduce its budget deficit to 3.5 percent of gross domestic product (GDP) in 2025, in line with the targets set by the Finance Law. The deficit reached approximately 60.5 billion dirhams, reflecting an improvement compared with the previous year. This performance was achieved thanks......
France’s economic growth remained below the symbolic threshold of 1 percent in 2025, as gross domestic product (GDP) increased by 0.9 percent over the year, according to data released by the National Institute of Statistics and Economic Studies (Insee). The slowdown was particularly visible in......
Gold and silver prices plunged from record highs on Thursday in one of the most volatile trading sessions in over a decade. The precious metal saw a staggering swing of nearly $500 per ounce, wiping out roughly $3.4 trillion in market capitalization before a partial recovery. This marked the largest......
European stock markets climbed Thursday, fueled by soaring precious metals prices that propelled mining shares higher, even as technology stocks faced headwinds from disappointing results at SAP. London's FTSE 100 rose 0.6% to 10,217.40 points by midday, while the pan-European STOXX 600 gained 0.4%......
British Prime Minister Keir Starmer and Chinese President Xi Jinping announced significant trade agreements Thursday, marking the first visit by a UK leader to China in eight years. The deals, unveiled during an 80-minute meeting at Beijing's Great Hall of the People, include AstraZeneca's 15......
The Dutch pension fund PME, overseeing 60 billion euros in retirement savings for metal and technology sector workers, revealed plans on Thursday to ramp up investments in European assets and significantly cut back on US exposure. PME leaders declared that the United States is no longer the dependable......
Chancellor Friedrich Merz expressed concern Wednesday over the weakening US dollar, calling it a "considerable additional burden for German exporting industry." He urged Washington to honor its trade commitments with the European Union. "We will have to assert ourselves globally against......
Turkey’s unemployment rate fell to a historic low of 7.7% in December, marking the lowest level recorded since official data tracking began in 2005, according to figures released by the Turkish Statistical Institute. The decline represents a sharp improvement compared with November, when unemployment......
Silver surged to a historic peak of $119 per ounce on January 29, fueled by the Federal Reserve's decision to hold interest rates steady. The metal's parabolic climb has sparked stark warnings from market veterans drawing parallels to past speculative manias. Former JPMorgan chief strategist......
Deutsche Bank revealed blockbuster financial results for 2025 on Thursday, posting a net profit of 7.1 billion euros for the full year, nearly double the 2.7 billion euros from 2024. This marks the German lender's highest annual earnings since 2007 and its sixth straight year in the black. The fourth......
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