
Gold Glitters Near Record Highs Amid Fed Cuts and Global Tensions.
Mar 21, 2025 10:29 am UTC| Economy
Gold prices hovered near record levels on Friday, poised for a third consecutive weekly gain, fueled by U.S. rate cut expectations and heightened geopolitical risks. Spot gold dipped 0.3% to $3,034.09 an ounce by 0235 GMT,...

India Ends $23B Manufacturing Push as Payout Delays and Red Tape Stall Progress
Mar 21, 2025 10:28 am UTC| Economy
India is shutting down its ambitious $23 billion Production-Linked Incentive (PLI) scheme aimed at boosting domestic manufacturing, just four years after launch. The plan, designed to shift global supply chains away from...

Dollar Strengthens as Fed Holds Rates and Market Eyes Trump Tariff Moves
Mar 21, 2025 10:28 am UTC| Economy
The U.S. dollar stayed firm on Friday, extending gains after its strongest daily performance in three weeks. Markets reacted to the Federal Reserves steady interest rate stance and cautious outlook on future cuts. Fed...

Ireland’s Economy Faces 1.8% Decline by 2032 Amid U.S.-EU Trade Tensions
Mar 21, 2025 10:28 am UTC| Economy
Irelands domestic economy could shrink by up to 1.8% by 2032 if the United States and European Union impose lasting tit-for-tat tariffs, according to a study co-authored by Irelands finance ministry and the Economic and...

China’s Restaurant Meltdown: Price Wars, Closures, and a Struggling Economy
Mar 21, 2025 10:28 am UTC| Economy
In a rundown warehouse on the outskirts of Beijing, entrepreneur An Dawei surveys rows of used industrial kitchen equipmentremnants of failed restaurants across the city. For the average person, opening a restaurant is...

Aussie Supermarkets Under Fire as Prices Soar and Profits Rise
Mar 21, 2025 10:28 am UTC| Economy
Australias top supermarket chainsWoolworths, Coles, and ALDIhave expanded profit margins amid soaring grocery prices, according to a new report by the Australian Competition and Consumer Commission (ACCC). The watchdog...

Oil Prices Climb on US Sanctions, OPEC+ Cuts Fuel Supply Fears
Mar 21, 2025 10:28 am UTC| Economy
Oil prices rose in early Asian trading Friday, heading for a second straight week of gains as fresh U.S. sanctions on Iran and new OPEC+ output cuts fueled concerns over tightening global supply. Brent crude futures gained...