Tag: Gold

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

Economy

The Business Files Reporter - September 5, 2023

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

Editors Pick

The Business Files Reporter - July 27, 2023

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

Editors Pick

The Business Files Reporter - July 11, 2023

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

Editors Pick

The Business Files Reporter - June 26, 2023

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

Economy

The Business Files Reporter - May 9, 2023

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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IMF predicts global public debt will be at 93% of GDP by end of 2024

The Business Files Reporter - October 21, 2024

World Bank’s Banga says more bilateral debt forgiveness needed

Africa October 18, 2024 0

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Business June 12, 2024 0

Ghana has finalised a pact with its official creditor...

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

Energy April 24, 2024 0

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 April 24, 2024 0

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

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