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Business

Precious metals fail to defend gains; experts see dip-buying for gold

Gold prices struggled to capitalise on gains from earlier in the day as the yellow metal fell below $5,200 per ounce once again. 

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Business

Best stocks to invest in as Hormuz crisis sends oil majors higher

Oil majors are in the spotlight as the effective closure of the Strait of Hormuz forces traders to reprice supply risk, sending benchmark

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Business

US CPI rises 0.3% in February; Fed seen holding rates

US consumer prices rose moderately in February, suggesting inflation remained contained before a recent surge in energy prices triggered by the conflict involving

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Business

Amazon Zoox taps Uber platform to accelerate robotaxi rollout

Amazon’s autonomous vehicle company Zoox is preparing to bring its self-driving vehicles to the Uber app in Las Vegas this summer. The partnership

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Business

US stocks mixed as Dow dips, Oracle surges on AI, inflation cools

The US stocks opened mixed on Wednesday as the Dow Jones edged lower, while the S&P 500 and Nasdaq posted modest gains. The

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Business

Revolut secures UK banking licence: here’s what comes next

After four years of applications, regulatory back-and-forth, and an extended mobilisation period that has broken UK records for its length, Revolut finally secured

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Business

IEA unleashes record oil reserves as Hormuz crisis escalates

The International Energy Agency triggered its largest-ever strategic oil release on Wednesday, flooding the market with 400 million barrels of crude to counter

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Business

Nebius stock surges 15% after Nvidia investment

Artificial intelligence infrastructure spending is accelerating as technology companies race to build the computing backbone required for advanced AI systems. Nvidia strengthened its

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Investing

USD/JPY forecast: shooting star forms after Japan GDP data

The USD/JPY exchange rate pulled back slightly, moving from this week’s high of 158.85 to 157 as geopolitical tensions fell and after Japan

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Investing

Why Europe’s energy bill is crushing euro and fueling dollar demand?

For a brief stretch earlier this year, the euro traded comfortably above $1.20. Investors were talking up Europe’s defence spending plans, big-ticket infrastructure

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