China’s plan to internationalise yuan quietly takes a step forward as Zambia gets on board
As of January, Zambia has begun collecting taxes and royalties from Chinese mining firms in yuan, and will…
Spot gold retests $4,600/oz after U.S. existing-home sales rise 5.1% in December – KITCO
Spot gold retests $4,600/oz after U.S. existing-home sales rise 5.1% in December KITCOUrgent| New data: Sales of existing US…
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…
Value of Australian dollar now dependent on interest rates, commodities prices and geopolitics
The Australian dollar has been on a slow march down from a peak of 109 US cents achieved…
India overtakes Japan as world’s fourth largest economy, eyes top 3 in 2026
India has overtaken Japan as the world’s fourth-largest economy – and officials hope to pass Germany within three…
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’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…
US weekly jobless claims fall to three-year low – KITCO
US weekly jobless claims fall to three-year low KITCOUS filings for jobless benefits fall to 191,000, lowest since September…
IMF’s multimillion-ounce ‘hoard of gold’ could fund debt relief for African countries – G20 report – KITCO
IMF’s multimillion-ounce ‘hoard of gold’ could fund debt relief for African countries – G20 report KITCOAfrica expert panel proposes…
Iron ore price hits multi-month lows as China demand concerns linger
Iron ore touched multi-month lows on Monday amid concerns over demand in top consumer China and rising portside…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…