Finance

The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran. The unprecedented figure highlights competing administration priorities, from passing a massive tax law and boosting defense spending and immigration […]

South Korean Prime Minister Kim Min-seok met with U.S. President Donald Trump in Washington on Friday, Kim’s office said, after the National Assembly passed a special bill on its commitment to investing $350 billion in the United States. The two […]

China said on Thursday that it would inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic risks, and boost financing for technology companies amid intensifying US rivalry. The measures were outlined in the annual government […]

The Washington-based lender also approved a new Resilience and Sustainability Facility valued at roughly $124.3 million, which will run through September 2027 and focus heavily on climate adaptation and agricultural stability. The latest payout follows the Fund’s review of the […]

The signing ceremony took place during a dinner honoring President Prabowo, organized by the US Chamber of Commerce. Key points of the agreement include food security and agricultural products. Indonesia agreed to purchase massive quantities of US agricultural goods, including […]

Japan plans to invest US$36 billion in US oil, gas and critical mineral projects, the first tranche of its US$550 billion commitment under the trade agreement it struck with US President Donald Trump. “Our MASSIVE Trade Deal with Japan has just launched!” […]

Gold demand was subdued across major Asian markets this week, as high prices curbed retail buying even as India entered its wedding season, while in China, the removal of a tax exemption on gold purchases dented consumer appetite. This week, […]

Bitcoin climbed above US$90,000 for the first time in almost a week, clawing back ground after a more than a month-long sell-off, as a broad rally in risk assets and easing volatility gave traders room to push higher. The advance, […]

Gold futures soared above $4,000 per troy ounce for the first time Tuesday, as many investors seek a safe place to park their money during the continuing U.S. government shutdown. The going price for New York spot gold had previously […]

Harmony Gold has approved an investment of between $1.55 billion and $1.75 billion to develop its Eva Copper project in Northwest Queensland, Australia, marking one of the largest offshore moves by a South African miner as the sector shifts towards […]