Gold surged to a record high on Friday as escalating U.S. trade tensions and expectations of Federal Reserve monetary easing fueled demand for the safe-haven […]
Category: Business
Dollar gains as trade tensions rise, euro retreats from five-month peak.
The U.S. dollar strengthened broadly on Friday, while the euro continued to retreat from a five-month high as global trade tensions and economic slowdown fears […]
US Dollar weakens amid trade war concerns and labour market worries.
The US dollar started the week on a weak note, continuing its decline from last week as concerns over a slowing US labour market and […]
The lasting economic impact of COVID-19: five years on.
Five years after the World Health Organization (WHO) declared COVID-19 a pandemic, the global economy is still grappling with its effects. While the initial shock […]
Signs of stability emerge in China property sector amid economic challenges.
China’s property sector is showing signs of improvement, with market confidence gradually recovering, Housing Minister Ni Hong said on Sunday. His comments come as policymakers […]
Wall street ends volatile week on a positive note.
Wall Street closed higher on Friday after another turbulent session, capping off a week of sharp swings driven by economic concerns and uncertainty over U.S. […]
China faces deflationary pressures as CPI falls sharply in February.
China’s consumer price index (CPI) recorded its steepest decline in 13 months, dropping 0.7% year-on-year in February, falling short of expectations. The decline was attributed […]
China imposes retaliatory tariffs on Canadian agricultural and food products.
China has announced new tariffs on Canadian agricultural and food products, escalating tensions following Ottawa’s tariffs on Chinese electric vehicles, steel, and aluminum. The move, […]
Pakistan weekly inflation drops by 0.09% amid mixed price trends.
The Sensitive Price Indicator (SPI) for the week ending March 6 recorded a 0.09% decrease, according to data released by the Pakistan Bureau of Statistics […]