Asian gold investors cash in on record prices, selling holdings amid global uncertainty.
Asian investors have paused from purchasing gold and begun pawning family heirlooms and stashed away holdings to cash in on record-high prices, […]
Bank of America Plans To Launch Stablecoin Once U.S. Legislation is Passed, CEO Says.
Bank of America (BoA) CEO Brian Moynihan confirmed this week that the company is ready to enter the stablecoin market once U.S. […]
Trump Cancels Chevron Venezuela License.
President Donald Trump has canceled a sanction waiver for Chevron that has allowed the supermajor to return to the South American country […]
UK to raise defence spending to 2.5% of GDP by 2027, Starmer says.
British Prime Minister Keir Starmer on Tuesday pledged to boost defence spending to 2.5 per cent of the economy by 2027 with […]
How China’s challenge to Trump’s Gaza plan could boost Beijing’s Mideast influence.
China will try to stay aligned with Arab countries while improving ties with Israel as it challenges a US proposal to resettle […]
China’s Shenzhen lays down marker for tech investment with US$22 billion pledge.
China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion yuan (US$22.07 […]
Elon Musk begins testing his Starlink terminals in the U.S. airspace system.
Elon Musk’s SpaceX is seeking to deploy Starlink satellite internet terminals to help accelerate an upgrade of the information technology networks that […]
Citigroup’s DEI cuts under Trump is raising alarms for banks and Wall Street.
DEI is part of our DNA,” Citigroup Inc.’s head of talent said in an interview just two months ago, calling it not only a […]
Gold holds near record as ETFs lure funds and US dollar weakens.
Gold (GC=F) traded just shy of last week’s record as the US dollar eased, and investors weighed a surge in holdings of […]
Retail sales up 2.5% in December.
Canadian retail sales surged higher at the end of last year to post their largest monthly increase since May 2022, but Statistics […]
ATB Financial posts net income of $88.7 million in Q3
ATB Financial recorded net income of $88.7 million in its third quarter ending Dec. 31, 2024, down more than 15% from the […]
$2-billion Song Hau 1 thermal power plant inaugurated.
On July 16, PetroVietnam organised the inauguration ceremony of the Song Hau 1 thermal power plant in Chau Thanh district. Construction on […]