
Gold Prices Rise as Yen Rally Weakens Dollar
Sep 08, 2026 04:32 am UTC| Economy
Gold prices moved higher on Tuesday as a strong rally in the Japanese yen pressured the U.S. dollar, boosting demand for dollar-denominated bullion. Gains remained limited, however, as rising energy prices fueled concerns...

South Korea GDP Surges on Chip and AI Boom
Sep 08, 2026 04:30 am UTC| Economy
South Koreas nominal GDP recorded its fastest annual growth in nearly 47 years during the second quarter of 2026, fueled by strong semiconductor exports and rising artificial intelligence investment, according to Bank of...

Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure
Sep 08, 2026 04:28 am UTC| Economy
Oil prices extended their rally on Tuesday as escalating U.S.-Iran tensions fueled concerns over potential disruptions to Middle East energy supplies and shipping through the Strait of Hormuz. Brent crude futures climbed...

Hormuz Shipping Slows as Iran Threats Lift Oil Risks
Sep 08, 2026 04:26 am UTC| Economy Insights & Views
Shipping traffic through the Strait of Hormuz slowed at the beginning of the week as escalating tensions between Iran and the United States raised fresh concerns over Middle East energy supplies and global oil markets....

China Boosts Gold Reserves by 650,000 Ounces as Prices Rally
Sep 08, 2026 04:21 am UTC| Central Banks Economy
The Peoples Bank of China (PBOC) significantly increased its gold reserves in August, adding 650,000 ounces in its largest monthly purchase since 2023, according to central bank data released Monday. The latest acquisition...

Japan, U.S. Stay Aligned on Yen as Currency Surges
Sep 08, 2026 04:19 am UTC| Politics Economy
Japanese Finance Minister Satsuki Katayama said Tuesday that Japan and the United States remain closely aligned on foreign exchange policy, reaffirming their commitment to maintaining stability in currency markets as the...

Hungary Industrial Output Beats Forecasts With 4.7% July Growth
Sep 07, 2026 07:45 am UTC| Economy
Hungarys industrial output increased 4.7% year-on-year in July, beating market expectations and signaling continued growth in the countrys manufacturing sector, preliminary data showed on Monday. According to Hungarys...
India's Economic Tightrope: Navigating US Tariffs and Russian Oil