Economy Materials 23 May 2025 22:21 (UTC +04:00) The Central Bank of Azerbaijan acquired intangible assets worth 1.7 million manat ($1 million) last year, marking a decline of more than 50 percent compared to 2023. Intangible assets, which provide long-term economic benefits despite lacking physical form, are key to supporting the bank’s future
NEW YORK — US stocks are drifting lower, while US bonds and the value of the US dollar are falling more sharply on Monday following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt. The S&P 500 was 0.4 percent lower in morning trading after Moody’s Ratings
Have you ever wanted to know what your cat is really saying? A Chinese tech firm is exploring whether artificial intelligence can help decode feline vocalisations and translate them into human speech. Baidu, the company behind China’s largest search engine, has filed a patent with the China National Intellectual Property Administration for a system designed
Open this photo in gallery: A smelter operates an induction furnace during the production of gold-bearing dore bars in a processing plant at Varvarinskoye gold deposit in the Kostanay region, Kazakhstan, on April 16.Pavel Mikheyev/Reuters U.S. President Donald Trump’s next target – the independence of the Federal Reserve – is giving gold investors another reason
If you’ve postponed your retirement in the wake of the recent stock market plunge, you should be asking yourself why. If it’s because your savings have declined and you’re afraid you won’t have enough, or if it’s because you’re spooked by volatile markets, then you need to take another look at your retirement plan. Here’s
As U.S. President Donald Trump ratcheted up his tariff war on the world, gold kept climbing in lockstep to reach a succession of record highs. The precious metal reached a fresh peak of $3,245.28 an ounce on April 11 and has climbed 28% since hitting a low of $2,536.71 on November 14, shortly after Trump’s
Roots Corp. ROOT-T reported a loss of $21.7-million in its fourth quarter as it took a large non-cash impairment charge. The retailer says the loss amounted to 54 cents per share for the quarter ended Feb. 1 as it recorded a $50-million impairment charge on intangible assets. The result compared with a profit of $14.6-million
U.S. bond firm PIMCO said on Tuesday that waning business and consumer confidence under President Donald Trump’s policies is eroding the edge U.S. capital markets held over the rest of the world, strengthening the case for investors to diversify globally. Trump is set to unveil “reciprocal tariffs,” aligning U.S. duties with those of other nations
It’s widely believed that the biggest issue with U.S. consumers’ balance sheets is indebtedness, but the Federal Reserve’s latest financial accounts – and the volatile stock market – suggest that larger risks may be on the other side of the ledger. This seems counterintuitive. Household wealth has never been higher, rising some $163 billion in
If you were looking for portfolio security back in 2022, GICs were the screamingly obvious choice over bonds. Back then, guaranteed investment certificates offered yields of as much as 5 per cent for terms of one through five years at alternative banks. That same year, bonds produced an annual loss of 11.7 per cent, including