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Precious gold gains as safe-haven appeal returns; palladium extends record rally

21-01-2020

On Monday, the 20th of January 2020, at a thin-volume trading day with US markets were closed due to Martin Luther King Jr. Holiday, the precious safe-haven metal, gold surges to more than one-week high

Qatar National Bank issues $600 million Formosa Bond

17-01-2020

Doha-based Qatari multinational commercial bank, Qatar National Bank, the largest lender in the Gulf in terms of asset, had launched a $600 million 40-year Formosa Bond as a part of its wider plans to diversify funding sources

Majority of American favour wealth tax on very riches, opinion poll finds

12-01-2020

Although a concept of inclining a wealth tax over the richest US nationals had led to a raft of uproars alongside political outcry, more than 70 per cent of common citizens were found to have a strong voice to endorse the wealth tax

UK consumer borrowing rises at slowest pace since 2014, points to slowdown jitters

06-01-2020

On Friday, data revealed from BoE had revealed a baleful image of British economy which has been vying to vent out a way from an utterly stagnant backwater bay as British consumers’ lending grew at its slowest pace in more than five years

Gold his highest level in 4 months on safe-haven appeal as Middle East crises deepen

06-01-2020

US Spot Gold prices climbed to their highest level in four months on Friday, the 3rd of January 2020, breaking through a critical psychological resistance level of $1,550 an ounce

Gold hits $1500 on Christmas eve as recession fear persist amid moot trade deal

25-12-2019

Precious gold futures’ prices surged more than 0.93 per cent on Tuesday, the 24th of December 2019, to wind down the day at $1499.30 per ounce after breaching $1500 an ounce level for the second time this year

Gold demand subdued in Asian markets as protests in India, Hong Kong curb buying

22-12-2019

Demand of gold had witnessed a withering backdrop throughout the week over major Asian business HubSpots due to a wave of violent protests

Global stocks revive over Kudlow’s upbeat comment on Sino-US trade deal

16-11-2019

On Friday, the 15th of November 2019, a basket of global stock exchanges posted robust gains, while safe-haven assets such as gold alongside government bonds were bushed

Indian Income Tax department protest against new tax assessment scheme

16-10-2019

Through the faceless tax assessment system, the Indian government is seeking to put an end to unfair practices by tax authorities

Indian stock markets surge as Infosys posts significant gains

16-07-2019

The shares of Infosys soared by 7.2% on Monday when markets re-opened after their weekly weekend closing

European shares go out of favor, routed for multi-month worst

23-12-2018

On Friday, December 21st, the European shares had closed slightly higher, regaining from earlier heavy losses, as comments from a US policymaker quieted some concerns over the Wednesday’s rate hike

US stocks slightly soar on Tuesday ahead of Fed policy meeting

20-12-2018

On Tuesday, the 18th of December, the Global equity market slid and US shares soared slightly, as investors remained unnerved awaiting indications about FED’s decision on monetary policy.

Asian stocks may rally after FED policy meeting, oil woes boost US bond

19-12-2018

Asian share market remained highly optimistic, as market has been chattering about a pause in the Fed monetary policy.

S&P 500 slammed to 14-month low on a dithered US economy

19-12-2018

On Monday, the 17th of December, almost all of the major indices of Wall Street glided downwards over 2 percent, while the benchmark standard & poor 500 had closed the session at its 14 months low

Richard Clarida sworn-in as vice-chairman of US Federal Reserve

17-09-2018

The 57-year-old was a part of the George W. Bush administration as an assistant secretary of the treasury for economic policy