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News
Gold eases as strong US jobs data boosts Fed rate-hike bets
6+ day, 19+ hour ago (354+ words) Gold eased on Monday after a robust U.S. jobs report bolstered expectations of a Federal Reserve interest rate hike this month, while investors awaited key inflation data for further clues on the monetary policy outlook. Spot gold fell 0.8% to $4,392.88 per ounce…...
Malaysia's central bank maintains key policy rate, says growth momentum to continue in 2027
1+ week, 3+ day ago (357+ words) KUALA LUMPUR - Malaysia's central bank kept its benchmark interest rate steady for the seventh straight policy meeting on Thursday, as expected, amid strong economic growth and moderate inflation. Bank Negara Malaysia maintained its overnight policy rate at 2.75%, as had been…...
Gold rises as dollar and yields ease, with US nonfarm payrolls report in spotlight
1+ week, 4+ day ago (361+ words) Gold prices firmed on Thursday as the U.S. dollar and Treasury yields eased, while investors strapped in for U.S. nonfarm payrolls data that could help shape expectations for the Federal Reserve's next policy move. Spot gold rose 0.5% to $4,409.97 per ounce by 0219 GMT…...
Gold falls to lowest in more than three weeks on stronger dollar and inflation risks
1+ week, 4+ day ago (345+ words) Gold prices fell to their lowest in more than three weeks on Wednesday, pressured by a stronger dollar as the biggest exchange of fire between the U.S. and Iran since July threatened to fuel global inflation. Spot gold was little changed…...
Gold drops over 1% as Treasury yields rise; investors eye US jobs data
1+ week, 5+ day ago (343+ words) Gold fell more than 1% on Tuesday, pressured by elevated U.S. Treasury yields, while markets awaited key U.S. labour market data for fresh signals on the Federal Reserve's monetary policy outlook. Spot gold was down 1.8% at $4,369.24 per ounce by 1003 GMT, itslowest level since…...
Zinc and copper driven up by supply fears before retreating on strong dollar
1+ week, 6+ day ago (370+ words) Zinc prices hit a more than four-year high on supply worries while copper touched a seven-month peak on Tuesday before retreating under pressure from a stronger dollar and a global bond selloff. Benchmark three-month zinc on the London Metal Exchange…...
Boursa Kuwait leads the discussion on building a sustainable and active market for exchange-traded funds
1+ week, 6+ day ago (953+ words) Kuwait City: As part of its ongoing efforts to develop the Kuwaiti capital market, diversify its products and enhance its trading efficiency, Boursa Kuwait hosted a webinar entitled “Building an ETF Ecosystem: From Regulatory Framework to Market Growth,” in collaboration…...
Moody's lifts Pakistan sovereign rating to B3 from Caa1
2+ week, 6+ day ago (70+ words) Zawya Moody's lifts Pakistan sovereign rating to B3 from Caa1 The agency maintained the country's outlook at 'stable' Global ratings agency Moody's lifted Pakistan's sovereign rating to 'B3' from 'Caa1' on Monday, citing improvements in governance and easing external vulnerability risks. The agency maintained…...
Gas drives Oman’s Q1 gains; spending up 31%
3+ week, 1+ hour ago (660+ words) Oman increased development spending by nearly a third in the first quarter of 2026 while keeping the state budget close to balance, as higher gas, oil and current revenues lifted government income faster than expenditure. Development expenditure rose 31 per cent year-on-year…...
Egypt avoids S&P emerging-market demotion
3+ week, 2+ hour ago (69+ words) Zawya Egypt avoids S&P emerging-market demotion The move follows Egypt’s retention of Secondary Emerging Market status in FTSE Russell Egypt will remain part of S&P Dow Jones Indices’ Emerging Markets universe after the index provider opted against a…...