TOKYO: Japan’s Nikkei share average climbed past the 58,000 mark for the first time on Thursday, extending its scorching rally since Prime Minister Sanae Takaichi won a resounding electoral victory on a campaign of increased economic stimulus. The benchmark Nikkei 225 Index was up 0.4% at 57,874.61 after rising as high as 58,015.08 earlier in […]
Indian investors poured more money into gold exchange-traded funds than equity mutual funds in January, a rare crossover that highlights sustained demand for bullion despite a record-setting surge fueled by geopolitical and monetary risks. Investors are shifting allocations toward gold against the backdrop of a relatively lacklustre year for equity. (Unsplash) Net inflows into gold […]
Treasury Secretary Scott Bessent spoke with Fox News Aishah Hasnie ahead of the summit to discuss the investment accounts and whats to come under the Trump administration. The Trump administration is rolling out the new “Trump Accounts” that will aim to provide children with a jump start on savings and investment that could grow into […]
Silver prices rose above $100 an ounce for the first time ever on Friday, while gold hit another record en route to $5,000/ounce as investors pile into safe-haven assets amid geopolitical turmoil and expectations for US interest rate cuts. Spot silver jumped 4.5% to $100.49 an ounce by 1649 GMT. (Unsplash) “Silver should continue to […]
Bajaj Auto Ltd.’s exports outpaced India sales for the first time in at least three years, amid a revival abroad and muted demand at home. The Bajaj Auto HQ in Pune. Bajaj Auto is a rare Indian two-wheeler maker which has equally robust global and local operations. (Tushar Deep Singh/HT) Domestic sales of the Pulsar […]
Silver rose past $70 for the first time on Tuesday, while gold hit a record high, trading just below $4,500 an ounce, as a weaker US dollar and persistent geopolitical uncertainty lifted demand for safe-haven assets. The silver rate is up 143% so far this year on supply deficits, industrial demand, and investment inflows. (Unsplash) […]
Gold prices rose to an all-time high for the 50th time this year, asinvestors weighed escalating geopolitical tensions and the prospects for more US rate cuts. Silver also advanced to a record. Gold is on track for its best annual performance since 1979. (AFP) Bullion pushed beyond $4,480 an ounce for the first time, after […]
The Reserve Bank of India (RBI) on December 4 cut the repo rate by 25 bps to 5.25%. Following earlier rate reductions this year, the move further strengthens the value proposition for homebuyers, especially in the affordable and mid-income segments that are highly sensitive to interest rate changes. First-time and mid-income buyers stand to benefit […]
The Donald Trump administration will increase vetting for H-1B visa applicants with a specific instruction to reject anyone who was involved in “censorship” of free speech. The instructions were outlined in a US State Department cable sent to US missions abroad on 2 December. US President Donald Trump. The US had previously implemented a $100,000 […]
The Indian Rupee weakened past the psychologically crucial 90 per US dollar mark on Wednesday, extending its rough patch as the weakness in trade and portfolio flows alongside worries over a missing trade deal with Washington kept the currency under pressure. FILE PHOTO: A customer holds hundred rupees Indian currency notes near a roadside currency […]