In the age of Trump, are ‘safe-haven’ US assets not so safe any more?
For decades, the US dollar has served as the currency of global reserve, the de facto anchor for…
Botswana’s diamond stockpile swells as gem price slump persists
Botswana’s diamond stockpile is nearly double its target inventory levels amid persistent low prices, leaving the country unable…
BRICS Isn’t Ditching the Dollar, It’s Quietly Building Around It
Member nations now handle roughly 25% of their mutual trade using local currencies – a 2025 milestone that…
Fears over China’s trade surplus misplaced as US, Europe also driving trend: analysts
The so-called China Shock 2.0 narrative is incomplete, analysts argued, as they noted that domestic macroeconomic forces in…
As India overtakes Japan in economic size, prosperity lags far behind
The achievement unleashed a wave of national pride in New Delhi and among business leaders, but behind the…
Malaysians rejoice as ringgit’s surge boosts travel budgets: ‘it’s good news’
The ringgit’s surge to a five-year high against the US dollar is prompting Malaysians, especially travellers, to exchange…
China’s offshore yuan breaks major benchmark as appreciation momentum builds
China’s offshore yuan strengthened further on Thursday, dipping below the benchmark rate of seven against the US dollar…
China expands digital-yuan push to Singapore and Asean trade routes
In an effort to further promote the internationalisation of China’s currency, Beijing has pledged to expand the use…
China cuts US Treasury holdings to lowest level since 2008 amid debt ceiling fears
China reduced its US Treasury holdings in October to its lowest level in 17 years, as mounting concerns…
China’s copper heartland vows to build US$28 billion empire, dominate in global market
A key industrial hub in eastern China is launching a push to transform itself into one of the…
Preliminary Consumer Sentiment rises to 53.3 in December as inflation expectations ease – KITCO
Preliminary Consumer Sentiment rises to 53.3 in December as inflation expectations ease KITCOUS consumer sentiment jumps for first time…
US weekly jobless claims fall to three-year low – KITCO
US weekly jobless claims fall to three-year low KITCOUS unemployment claims fall to lowest level since September 2022 MSNUS initial…