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Reuters
Nov 26, 2024

Gold holds steady after 3 per cent drop as Trump’s tariff plans boost safe-haven demand

Gold prices held steady on Tuesday after a 3 per cent drop in the previous session, supported by increased safe-haven demand following President-elect Donald Trump’s pledge to impose tariffs on all imports from Canada, Mexico and China.

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Reuters
Nov 25, 2024

Thyssenkrupp to cut 11,000 jobs in major corporate shakeup

Germany’s largest steelmaker is under pressure from cheaper Asian competitors, high power prices and a weakening global economy

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Reuters
Nov 25, 2024

At least eight migrants drown off Greek island of Samos

Greece’s coastguard recover bodies of eight migrants including six minors and two women

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Reuters
Nov 25, 2024

Top NATO official calls on business leaders to prepare for ‘wartime scenario’

Dutch Admiral Rob Bauer urgers traders to prepare for wartime scenario and adjust their production and distribution lines accordingly

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Reuters
Nov 25, 2024

‘Israel moving towards Hezbollah ceasefire’

“We are moving in the direction towards a deal, but there are still some issues to address,” Israeli government spokesperson David Mencer said, without elaborating.

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Reuters
Nov 25, 2024

South Korea prosecutors seek five-year jail term for Samsung Elec chief

Lee was found not guilty in February of accounting fraud and stock manipulation by a Seoul Central District Court but the prosecutors appealed the ruling

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Reuters
Nov 25, 2024

Australia PM plays down privacy fears of social media ban for children

The laws would impact Meta Platforms’ Instagram and Facebook, Bytedance’s TikTok and Elon Musk’s X and Snapchat.

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Reuters
Nov 25, 2024

Gold dips 2 per cent as profit-takers cash in after rally

Gold dropped nearly 2 per cent on Monday, weighed down by profit-taking after a five-session rally, with further pressure from the announcement of fund manager Scott Bessent as the next US Treasury secretary.

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Reuters
Nov 25, 2024

Khamenei calls for death sentence for Israeli leaders

“They issued an arrest warrant, that’s not enough… Death sentence must be issued for these criminal leaders”, Khamenei said, referring to the Israeli leaders.