When gold soared past the eye-watering asking price of Rs.1 lakh per 10 gram on 22 April, it wasn’t the star fund managers who were smiling. Many investors were caught offguard by its meteoric rise. The real winners? The perceptive mother, the shrewd grandmother, and the frugal housewife in Indian households. As Uday Kotak, Founder
The International Monetary Fund has slashed its forecasts for the UK economy on the back of Donald Trump’s trade tariff uncertainty warning the UK is likely to see an inflation spike An economic slowdown in the UK will add pressure on the Bank of England to cut rates (Image: (Image: Getty)) The Bank of England
NEW YORK (AP) — As economic uncertainty deepens worldwide, gold prices have notched more and more record highs. That’s because gold sales can rise sharply when anxious investors seek “safe havens” for parking their money. Gold’s current rally arrives as U.S. President Donald Trump continues to announce new tariffs on economic allies and foes alike,
The sale of the yuan-denominated offshore bonds, also known as dim sum bonds, comes on the heels of Shenzhen’s announcement on Monday of its fourth such issuance, worth up to 7 billion yuan. The latest Shenzhen bond offering will include a tranche with a 10-year tenure, while also matching the two-, three- and five-year tranches