The Hottest Property in Gold Mining Is Copper
ADELAIDE, Australia—Gold miners recently celebrated the precious metal fetching its highest price ever. They are reinvesting much of that windfall in copper. From central Mexico...
The global economy in 2024: Key clues to watch out for | Business and Economy News
The world economy has proved more resilient than most analysts anticipated at the start of 2023. In particular, global inflation has fallen without big surges...
The Dominant Dollar Faces a Backlash in the Oil Market
Updated Dec. 28, 2023 12:00 am ET Some major emerging economies are dabbling in trading commodities without using the dollar, as they seek to reduce...
Moody's Downgrades China's Credit Outlook to Negative Amid Economic Concerns
China faces a significant financial time bomb risk due to its banking system’s exposure to a substantial amount of hidden debt, accumulated by cities and...
The $2 Trillion Interest Bill That’s Hitting Governments
Updated Nov. 15, 2023 12:07 am ET Listen to article (2 minutes) The world spent the past decade-plus taking advantage of rock-bottom interest rates to...
Gold moves higher as yields, dollar slip after U.S. inflation data
By Ashitha Shivaprasad, Anushree Ashish Mukherjee (Reuters) – Gold prices gained on Tuesday as the dollar and Treasury yields retreated after softer-than-expected U.S. consumer inflation...
Gold lacks momentum as traders seek more Fed cues
(Reuters) – Gold prices retreated for a third straight session on Wednesday as investors looked for fresh cues on the U.S. central bank’s interest rate...
Foreign Firms Pull Billions in Earnings Out of China
Updated Nov. 6, 2023 11:49 am ET SINGAPORE—For years, foreign companies plowed the profits they made in China back into China, using the cash to...
It’s U.S. vs. China in an Increasingly Divided World Economy
Listen to article (2 minutes) China passed a significant milestone last fall: For the first time since its economic opening more than four decades ago,...
Gold gains as US dollar, yields slip; focus on jobs data
(Reuters) – Gold firmed on Thursday as the U.S. dollar and Treasury yields retreated on raised bets that the Federal Reserve may be done raising...