Business
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
A firmer US dollar makes greenback-priced metals more expensive for overseas buyers Prices of gold and silver extended their losses on…
Tag
dims
Business
Gold falls as strong US jobs data dims rate-cut prospects
Traders now see nearly a 39% chance for a Fed rate cut next month, down from 60% earlier this month Gold prices slipped on Friday (Nov 21)…
Business
Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
Japanese shares surged to a record high on Monday (Oct 6), while the yen and long-term bonds tumbled as Sanae Takaichi was all but…
Business
Britain's Lloyds says profits up 5%, even as economic outlook dims
Statutory profit before tax for the first six months of the year was £3.5 billion Lloyds Banking Group reported its profit for the first…
Business
Bernard Arnault’s US$37 billion wealth loss comes as luxury dims in China
EIGHTEEN months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s…