Tag: Gold

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Gold holds near one-year high as Fed seen pausing rates

Gold prices held near one-year highs on Friday as recent U.S. economic data reinforced hopes that the Federal Reserve was close to the end...

Stocks falter as economic worries nag, big rate hike lifts kiwi dollar

World stock markets stumbled on Wednesday as signs that the economic outlook is weakening spurred caution, while a bigger-than-expected interest-rate hike from New Zealand...

Gold drops as inflation risks after OPEC+ oil target cut raise Fed hike odds

Gold prices slid on Monday after a surprise announcement from OPEC+ about a cut to oil output sparked inflation concerns and raised bets of...

Gold ticks up as traders eye US economic data

Gold prices edged up on Thursday, helped by a softer dollar as investors lie in wait for economic data to gauge the U.S. Federal...

Shares gain as bank support emboldens investors

Global shares rose on Wednesday as investors took heart from a greater degree of stability in the banking sector, but the sense of optimism...

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World Bank’s Banga says more bilateral debt forgiveness needed

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

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

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

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...

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