News
Gold tops $4,600 as geopolitics and Powell probe spur rush
3+ hour, 8+ min ago (383+ words) Gold surged past $4,600 an ounce for the first time on Monday, while silver also climbed to a record high, as investors flocked to safe-haven assets amid escalating geopolitical tensions and news of a criminal probe involving U.S. Federal Reserve Chair Jerome…...
India’s forex reserves drop $9.8B in sharp weekly decline
2+ day, 19+ hour ago (133+ words) India's forex reserves drop $9.8B in sharp weekly decline'Latest news from Azerbaijan India's forex reserves drop $9.8B in sharp weekly decline India's foreign exchange (forex) reserves declined by $9.809 billion to $686.801 billion during the week ending January 2, according to the Reserve Bank of…...
Soft U.S. dollar outlook persists amid Fed independence concerns
4+ day, 19+ hour ago (306+ words) The U.S. dollar is expected to remain weak through 2026 as concerns over Federal Reserve independence and the possibility of lower interest rates weigh on the greenback. After falling nearly 10% against a basket of major currencies in 2025, its worst performance since 2017, the…...
Bank of Japan chief signals possible rate increases
1+ week, 56+ min ago (279+ words) Bank of Japan Governor Kazuo Ueda stated on Monday that the central bank will continue raising interest rates if economic and price trends align with its forecasts. Speaking to the country's banking sector lobby, Ueda noted that Japan's economy maintained…...
Bulgaria enters eurozone as price fears worry citizens
1+ week, 4+ day ago (175+ words) Bulgaria enters eurozone as price fears worry citizens'Latest news from Azerbaijan Bulgaria enters eurozone as price fears worry citizens Bulgaria will become the 21st country to join the euro currency union on New Year's Day, deepening its integration with the European…...
India surpasses Japan as world’s 4th-largest economy
1+ week, 5+ day ago (156+ words) India surpasses Japan as world's 4th-largest economy'Latest news from Azerbaijan India surpasses Japan as world's 4th-largest economy India has overtaken Japan to become the world's fourth-largest economy, with a gross domestic product (GDP) of US$4.18 trillion, according to the government's…...
Belarus aims for 3 pct annual growth over next 5 years
3+ week, 2+ day ago (418+ words) Belarus aims for a 15.8 percent gross domestic product (GDP) increase over 2026-2030, targeting annual growth of at least 3 percent, as outlined in a ... Belarus aims for 3 pct annual growth over next 5 years Belarus aims for a 15.8 percent gross domestic product (GDP)…...
China’s trade surplus tops $1 trillion in 2025
1+ mon, 3+ day ago (443+ words) Exports rose 5.9% year-on-year in November, reversing a 1.1% decline in October, despite a continued slump in shipments to the United States, which fe... China's trade surplus tops $1 trillion in 2025 China's annual trade surplus in goods has surpassed $1 trillion for the first…...
Silver hovers near record ahead of Fed rate decision
1+ mon, 4+ day ago (321+ words) Silver remained close to its all-time high on Monday, slipping slightly as traders took profits ahead of this week's US'Federal Reserve interest-rate decision, while gold recorded a modest rise. The metal pared earlier losses after falling as much as 1.4% during…...
Silver retreats from record high amid profit-taking
1+ mon, 1+ week ago (229+ words) Silver retreated from an all-time high on Thursday as traders locked in profits, while gold remained largely unchanged. The white metal dropped as much as 3.2% after hitting $58.9789 an ounce in the previous session, News.Az reports, citing Bloomberg. Silver had…...