Finance

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 […]

Why are so many veins of gold running through China? Its vast land mass rests on several tectonic plates. Geological activity creates conditions ideal for the formation of the element known as aurum in Latin, which is what gives gold its abbreviation Au. Volcanic activity or magma […]

The percentage of traditional hedge funds holding cryptocurrency rose to 55% in 2025 from 47% in 2024, according to a survey from the Alternative Investment Management Association and PwC. President Trump’s regulatory embrace is accelerating institutional adoption after years of resistance. […]

Africa’s estimated $100 billion credit shortfall for small and medium enterprises is forcing banks, telecom operators, and fintech startups into deeper and unexpected partnerships. The Africa-wide figure comes from a detailed assessment by the African Development Bank (AfDB), which identifies […]