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Gold at 1-1/2 month trough as dollar rallies on robust economic data, Fed Evan's comments

Sep 23, 2020 07:45 am UTC| Commentary

Gold prices plunged by more than 1 percent to a 1-1/2 month low as the dollar surged to a near 2-month peak, although uncertainties surrounding global economic recovery limited the safe-haven metals downside. Spot gold...

Gold plunges as greenback rallies to 1-1/2 month peak, investors await Fed Powell's testimony

Sep 22, 2020 09:33 am UTC| Commentary

Gold prices declined, sliding to its lowest level in more than a month on a broader market sell-off driven by uncertainty over more U.S. fiscal stimulus and a stronger dollar. Spot gold was trading 0.4 percent down at...

Gold slumps as dollar hits 1-week peak on Fed's upbeat economic view

Sep 17, 2020 10:22 am UTC| Commentary

Gold prices plunged more than 1 percent as the greenback surged after the U.S. Federal Reserve pledged to keep interest rates low for a long time but stopped short of offering concrete signals on further stimulus. Spot...

Gold gains as dollar consolidates ahead of Fed policy meet outcome

Sep 16, 2020 07:14 am UTC| Commentary

Gold prices surged, hovering towards a near 2-week high hit in the previous session, as the greenback consolidated within narrow ranges ahead of a U.S. Federal Reserve policy decision due later in the day. Spot gold was...

Gold gains as dollar weakens ahead of Fed policy meet

Sep 14, 2020 06:42 am UTC| Commentary

Gold prices rose, reversing most of its previous session losses, supported by a weaker dollar and expectations that the U.S. Federal Reserve will adopt a dovish stance at its two-day monetary policy meeting later this...

U.K.’s economic activity accelerates in July

Sep 11, 2020 12:51 pm UTC| Commentary

The U.K.s economic activity level picked up further in the month of July, growing 6.6 percent, in line with the further easing in lockdown restrictions witnessed throughout the month. After rises in May and June, the July...

Gold set for weekly gains amid global economic recovery concerns

Sep 11, 2020 07:57 am UTC| Commentary

Gold prices declined after rising to a 1-week peak in the prior session but were on track for a weekly gain underpinned by worries over a global economic recovery from the coronavirus-led slump. However, the slump in the...

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Economy

S. Korean healthcare and cosmetics exports surge 42% in August

South Korea exported US$1.69 billion worth of pharmaceuticals, cosmetics, and medical devices in August, up 42 percent from a year ago. According to data from the Korea Health Industry Development Institute (KHIDI), the...

CaixaBank's acquisition of Bankia to create Spain's largest bank

CaixaBank will acquire state-owned Bankia in an all-share deal that would create Spains largest bank with total assets exceeding $786.6 billion. The deal will help the companies tackle dwindling profitability due to the...

Dubai’s DP World to work with Israel’s DoverTower in bid for Haifa Port

Dubai state-owned DP World is teaming up with Israels DoverTower in a joint venture that will bid in the privatization and to conduct a study on opening a direct shipping line between the two Middle East states. Haifa...

60% of pandemic-induced business closures in US become permanent

Yelp data revealed that 97,966 of the 163,735 business closures across the US due to the pandemic as of Aug, 31 wont be reopening. Permanent business closures rose 34 percent since Yelps last report in mid-July. Yelp...

S. Korea, Germany to boost energy ties towards economic recovery, climate goals

South Korea and Germany vowed via a virtual meeting to bolster cooperation in the energy sector towards the recovery of their virus-hit economies and helping each other achieve their climate goals. According to the...

Politics

Melania Trump: FLOTUS reportedly snubs stepdaughter Ivanka Trump's aspirations to become next president

First lady Melania Trumps former friend and adviser Stephanie Winston Wolkoff claimed that there was already some tension between Melania and her stepdaughter, Ivanka Trump. Her new book also revealed that the first lady...

Donald Trump: POTUS wants U.N. to hold China accountable for COVID-19 spread

Donald Trump was among the world leaders making an address in this years United Nations General Assembly. Tensions between the US and China in many aspects, especially COVID-19, have been placed center stage, with Trump...

Donald Trump: Robert Mueller's top deputy Andrew Weissman revealed POTUS did obstruct justice

Aside from the revelations offered by journalist Bob Woodward also come big reveals from special counsel Robert Muellers deputy Andrew Weissman in his upcoming book. The book, offering a peek into the Mueller...

Joe Biden: Campaign and Democrat committees gain financial lead

Former vice president Joe Biden and his campaign initially started off trailing Donald Trump in terms of cash reserves. But over the recent months and especially following the death of Justice Ruth Bader Ginsburg, the...

Science

Climate change: Arctic sea ice reaches second record low

Although the world is suffering from the effects of climate change, colder regions such as Greenland and the Arctic are the worst hit. A recent report has revealed that the situation in the Arctic does not appear to do any...

NASA: Expert reveals the budget required to bring astronauts back to the Moon

With NASA currently undergoing preparations for its upcoming missions, the agency requires a lot of funding for preparations to stay on schedule. The upcoming Artemis mission is estimated to cost tens of billions of...

Asteroid to make a very close approach to Earth on Thursday

Despite being able to track thousands of asteroids passing through space, there are still some rocks that can escape detection. One such asteroid is coming to Earth this week, with astronomers predicting that it will make...

Mars mission: Scientists find "worms" inside Martian meteor

NASA is gearing up for the future Mars mission that will take place over the coming years, with the Perseverance Rover already making a headstart after launching into space many weeks ago. With the search for signs of life...

Technology

Can ‘Rainbow Six Quarantine’ be released in 2020?

The launch of Rainbow Six Quarantine was delayed even before the COVID-19 pandemic leading to the delay of its release. However, a recent supposed leak seemingly suggested that the game would be released sooner than most...

‘Call of Duty: Black Ops Cold War’ beta tests kick off in October

The full release of Call of Duty: Black Ops Cold War is just around the corner. This also means that the annual beta tests before the games launch are also set. However, video game players should note that only those with...

‘Elder Scrolls 6’ may not be an Xbox-exclusive despite Microsoft’s ZeniMax Media acquisition

Microsoft kind of broke the internet on Monday after its plans to acquire ZeniMax Media -- Bethesda Softworks parent company -- was made public. There are plenty of popular IPs under the banners of ZeniMax and Bethesda,...

How Apple Watch SE compares to the flagship Apple Watch Series 6

The main star of Apples September event this year is not the new iPhone, but the latest lineup of Apple Watch. The biggest surprise, however, was that the Apple Watch Series 6 was not the only presented at the recent...

GoPro HERO9 Black: Everything to know about the new action camera

Joining the busy fall season for the consumer tech industry is the GoPro HERO9 Black. The new action camera has been announced and the improvements in its design, specs, and features would give fans to think about whether...
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