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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...
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions
Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech
Iran Launches Fresh Attacks on U.S. Bases as Strait of Hormuz Tensions Escalate
US Military Completes Sixth Night of Iran Strikes as Conflict Escalates
Nicaragua Cuts Diplomatic Ties With Italy Over Red Brigades Extradition Dispute
North Korea Calls South Korea ‘Puppet’ After U.S.-Led RIMPAC Naval Exercise
Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028
Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions
SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO
Trump Administration Releases New UFO Files and Apollo Mission Records
China vs. NASA: The New Moon Race and What's at Stake by 2030
Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit
KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear
SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch
Sam Altman Admits OpenAI Missteps, Promises Major AI Comeback Focused on User Freedom
Moonshot Launches Kimi K3, China's Largest Open-Source AI Model
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