Gold Near Record in India Means Buyers Are Seen Staying Away
A rally in gold prices to an all-time high in India is deterring local buyers in the runup to what is normally a key demand period next month, according to the World Gold Council.
A rally in gold prices to an all-time high in India is deterring local buyers in the runup to what is normally a key demand period next month, according to the World Gold Council.
Australia’s government expects to win approval for a flagship climate policy to rein in the country’s worst polluters after agreeing to rules that could curb development of new fossil fuel projects.
Thousands of protesters took to the streets in Israel overnight, including around Benjamin Netanyahu’s home, after the prime minister fired his defense chief over a dramatic speech criticizing a contentious plan to reduce the power of the Supreme Court.
Economists are lowering their forecasts for India’s current-account shortfall, thanks to favorable trade trends that are proving to be a blessing for the rupee — among the worst performers in emerging Asia this month.
The owners of remittance and money exchange firm Al Ansari Financial Services raised 773 million dirhams ($210 million) after pricing shares at the top of the range.
North Korea test-launched two short-range ballistic missiles, adding to its barrage in recent weeks as Pyongyang protests joint military exercises by the US and South Korea.
India is considering building a strategic reserve of liquefied natural gas to guard against future price spikes or supply shortages after last year’s energy crisis, according to a senior executive at the nation’s top importer.
South Korea is forecast to overtake China in spending on advanced chipmaking equipment next year in a sign of US export controls reshaping global supply chains for semiconductors.
China’s economic recovery was mixed in March with business confidence and the housing market improving but the global outlook darkening amid heightened financial market turmoil.
Cellnex Telecom SA’s board is set to meet for the first time since activist investor TCI Fund demanded that the chairman be sacked over the handling of a search for a new chief executive officer and questioned the company’s growth strategy.