Tag: Gold

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Gold retreats as growth risks drive safe-haven bids to US dollar

Gold slipped to a one-week low on Tuesday on rising bond yields and as investors opted for the U.S. dollar to hedge against global...

Global shares flat, US yields fall after Fed delivers rate hike

Global shares were mostly flat while U.S. yields fell on Wednesday after the Federal Reserve delivered its 11th consecutive hike in interest rates aimed...

Stocks rise, dollar flat ahead of inflation data

Global shares rose and the dollar was little changed on Tuesday ahead of U.S. inflation data that could warrant a quicker end to Federal...

Stocks down, gold up after aborted Russian mutiny ignites safe-haven push

Global shares fell, while gold rose after an aborted uprising by Russian mercenaries raised questions about the authority of President Vladimir Putin, leaving investors...

Gold gains with focus on US inflation readings

Gold prices edged up on Tuesday with focus on the U.S. inflation readings for hints on future U.S. Federal Reserve rate strategy as economic...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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