by Jibran Munaf | October 15, 2024 | Commodities
Gold prices remained flat on Tuesday as investors awaited new signals from the Federal Reserve regarding its upcoming interest rate decisions, which could provide further direction for the precious metal. Key Market Fundamentals: Spot gold was unchanged at $2,648.89...
by Jibran Munaf | October 13, 2024 | Editorials, Stocks & Bonds
Cathie Wood, the CEO of Ark Investment Management, is known for her bold investment strategy focusing on emerging technology stocks. While she typically bets on small- and mid-cap tech companies, Wood recently made a significant move by purchasing $15 million worth of...
by Jibran Munaf | October 13, 2024 | Finance, Markets
China’s latest Finance Ministry briefing left investors frustrated, as the anticipated bold fiscal measures failed to materialize. Despite promises of more support for the struggling property sector and potential increased government borrowing, the absence of a...
by Jibran Munaf | October 12, 2024 | Finance, Markets
During a highly anticipated press briefing on Saturday, China’s Finance Minister, Lan Fo’an, indicated that the central government has the capacity to increase its debt and deficit. He stated that there is “rather large” room for a deficit increase, but emphasized...
by Jennifer George | October 11, 2024 | Economy, Markets, News
Noel Tata, Ratan Tata’s half-brother and vice chairman of Tata Steel and watch company Titan, has been appointed as the chairman of Tata Trusts, confirmed by a source to NDTV Profit. The lesser-known Tata’s titular boost comes after chairman emeritus of...
by Jennifer George | October 11, 2024 | Markets, News
Three Gulf sources informed Reuters of an ongoing lobby between the US and Gulf states to prevent an Israeli retaliation against Iran. Gulf states fear Israel’s response to Iran could debilitate oil reserves in the region. When proxies in Tehran respond to...
