US Military Drills Near Russia Raise Concern in Kremlin
Amid Russia’s sphere of influence, the U.S. has launched joint military exercises with Armenia, a long-standing Russian ally. This marks a shift in geopolitical dynamics...
Corporate America Is Hurting on China’s Worsening Economy
China’s worsening economic downturn is negatively impacting major American businesses operating in the country, especially those linked to its declining manufacturing, construction, and export sectors....
PRECIOUS-Gold dips as US debt ceiling deal hopes support dollar
* Economists push back Fed rate-cut views to 2024 – survey * Silver, palladium prices edge lower * UK Flash Mfg, Serv, Comp PMIs due...
PRECIOUS-Gold ticks lower as US debt ceiling optimism boosts dollar
* Gold could remain in $1,965-$2,020 range in May – analyst * Biden, McCarthy push forward towards U.S. debt-ceiling deal * Silver, platinum and palladium...
UPDATE 3-Wall Street gains, Treasury yields rise as debt ceiling talks progress
(New throughout with U.S. market open, changes dateline) NEW YORK, May 19 (Reuters) – U.S. stocks were tentatively higher on Friday and benchmark Treasury yields...
PRECIOUS-Gold steady, rival dollar caps gains with US debt deal in focus
* Prevailing dollar strength capping gold’s upside – analyst * Asian shares muted * Platinum up 0.6% (Updates prices throughout) May 17 (Reuters) – Gold...
PRECIOUS-Gold slips as investors brace for US debt-limit talks
* U.S. debt default risks sustaining gold around $2,000 – analyst * Biden to meet lawmakers for debt-ceiling talks * India slashes base import prices...
Shanghai Gold Exchange denies report on ‘doped’ gold bars from Australia
BEIJING (Reuters) – The Shanghai Gold Exchange (SGE) on Wednesday backed Perth Mint in denying that the Australian processor had sold it “doped” gold bars...
Asia Gold-China demand buoyant, India ramps up purchases
By Rajendra Jadhav, Seher Dareen * Gold imports flowing into China over past few weeks- MKS PAMP * Indian banks importing more gold since market...
GLOBAL MARKETS-Stocks limp toward biggest weekly fall of the year
* World shares in danger of biggest weekly fall of 2023 * Dollar clings to 2-mth high; traders await U.S. PCE data * Nikkei rises...