Monday's global financial markets witnessed extraordinary movements as precious metals achieved historic price levels while analysts emphasized Trump's history of randomly imposed tariffs. Silver led the precious metal rally with a spectacular surge to $94.08 per ounce—an all-time record—before settling at $93.15 with a robust 3.6% gain. Gold advanced 1.6% to reach $4,671 per ounce after touching an unprecedented high of $4,689.
Market observers note...
BP is strategically clearing the path for incoming CEO Meg O’Neill, announcing a $5 billion writedown on green energy assets just months before she takes the helm. This "kitchen sinking" of bad news is designed to ensure that O’Neill inherits a balance sheet free from the drag of overvalued transition businesses.
The writedown targets the gas and low-carbon divisions, reflecting the company’s pivot away from...
Global stock markets advanced on Thursday despite light trading volumes due to widespread May Day holidays across Europe and Asia. The optimism was driven...
President Donald Trump is easing some auto-related tariffs in a strategic shift aimed at boosting domestic manufacturing and preserving jobs. The move comes amid...
As Congress returns to Washington, President Trump’s ambitious budget proposal is encountering early turbulence within his own party. While Republicans control both chambers,...
India has sharply increased its imports of Russia’s ESPO Blend crude in April, capitalizing on reduced Chinese demand and favorable pricing. Supplies to...
The UK economy is forecast to slow dramatically over the next two years as Donald Trump’s global tariff policies weigh heavily on business investment...
America’s tourism industry is bracing for a staggering $10 billion loss this year as President Donald Trump's immigration crackdowns and trade policies drive international...
U.S. stock markets tumbled Monday as former President Donald Trump intensified his public attacks on Federal Reserve Chair Jerome Powell, calling him “a...
U.S. stock markets tumbled on Wednesday as mounting concerns over new export restrictions and the escalating trade war under President Trump sent shock waves...
