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Gold Prices Rise Again

Gold prices rose on Monday after recent data boosted bets on a major US interest rate cut this month.

Spot gold rose 0.5 percent to USD 2,506 an ounce, while US gold futures rose 0.4 percent to USD 2,536.10.

Among other precious metals, spot silver …

Japanese Stocks Close Trading in Decline

Japanese stocks closed down 1.05 percent at the close of trading Thursday, after the Nikkei index fell more than 4 percent at the end of Wednesday’s session, after official data showed that wages continued to grow in July by 0.4 percent from the previ…

Korea’s Economy Contracts 0.2 Pct in Q2, 2024

South Korea’s economy retreated in the second quarter of the year amid weaker domestic demand, while exports remained solid.

The country’s real gross domestic product, a key measure of economic growth, contracted 0.2 percent on-quarter in the April-J…

Oil Stable as Traders Weigh Weak Demand

Oil was trying to hold its line in early trade on Thursday after an overnight selloff, as traders come to grips with weak need along with a possible delay to more supply going into the market next month.

Brent unrefined futures for November increased…

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