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Gold

Morning brief: Asia markets diverge as gold hits records, Dollar slides

Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies

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Gold

Precious metals rally continues with gold nearing $5,300, silver topping $116

Gold’s blistering run is likely to continue as prices breached the $5,200 per ounce mark on Wednesday for the first time in history. 

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Gold

UK watchdog bans Coinbase ads over cost of living messaging

The UK’s advertising regulator has moved to block a series of Coinbase advertisements, arguing that the campaign framed cryptocurrency as a response to

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Gold

China approves first imports of Nvidia’s H200 AI chips during Huang’s visit

China has approved its first imports of Nvidia’s H200 artificial intelligence chips, Reuters reported, citing two people familiar with the matter, in a

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Gold

ASML orders surge as AI investment reshapes chip equipment demand

ASML’s latest results underline how deeply artificial intelligence spending is reshaping the semiconductor supply chain. The Dutch chip equipment maker reported a sharp

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Gold

UPS job cuts underline costly break with Amazon in US delivery race

United Parcel Service is pressing ahead with a major restructuring that will see up to 30,000 jobs cut this year, underscoring how costly

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Gold

Why Keir Starmer’s China visit matters as Britain rethinks trade and diplomacy

UK Prime Minister Keir Starmer arrived in Beijing on Tuesday on the first visit by a British leader to China since 2018, signalling

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Oil

Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields

Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the

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Oil

Amazon to cut 16,000 corporate jobs as AI push deepens, bureaucracy trimmed

Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three months

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Oil

AI-driven job cuts accelerate globally as UK becomes early warning

“I was doing Dry January for the trend and health benefits, but now that I have been laid off, I think this is

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