Hong Kong makes its largest-ever gold smuggling bust
Gold was concealed as air compressor parts Source: Hong Kong Customs and Excise Department In Hong Kong’s largest gold smuggling bust, the city’s authorities seized...
Asia Gold-China premiums surge on strong buying; India discounts widen
By Deep Kaushik Vakil, Rajendra Jadhav * China premiums jump to $90-$135/oz this week * India discounts highest since second week of May * Gold...
UBS urges investors to seek refuge in US Treasury, gold on heightened recession concern in second half
Investors should add haven assets like bonds and gold to their portfolios as the US is likely to slide into a recession, prompting the Federal...
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...
GLOBAL MARKETS-Stocks take breather after January surge, Adani plunges in India
LONDON, Jan 27 (Reuters) – World stocks eked out a 5-1/2 month high and the dollar held close to an eight-month low on Friday, as...
BIS and central banks say multi-CBDC platform trial was a success
The Bank for International Settlements The Bank of International Settlements and four central banks said they will continue developing a cross-border central bank digital currency...
Asian markets rise ahead of US inflation data
BEIJING (AP) — Asian stock markets rose Wednesday as investors waited for U.S. inflation data some worry might lead to more interest rate hikes. Shanghai,...
Asian shares mixed after rate jitters tumble on Wall Street
BANGKOK (AP) — Shares were mostly lower in Asia on Friday, with only Shanghai rising, after stocks tumbled on Wall Street on expectations central banks...