Finance

Six-and-a-half hours. That’s all it took for LG Electronics India Ltd’s US$1.3 billion (RM54.48 billion) initial public offering to be fully sold on Oct 7, marking the fastest take-up in 17 years among major Indian IPOs. It’s offerings like LG’s, […]

During the Future Investment Initiative (FII) conference in Riyadh, BlackRock CEO Larry Fink said investors have turned to gold and cryptocurrencies as a refuge in the face of growing concerns about global financial stability and fears of devaluation of traditional assets. […]

Analysts have hiked their price forecasts for copper next year after a series of mine disruptions fuelled worries about shortages and market deficits, a Reuters poll shows.. Benchmark copper on the London Metal Exchange hit its strongest in more than […]

Gold prices fell 2% on Monday, as hopes of easing U.S.-China trade tensions lifted risk appetite for equities, while investors awaited major central bank meetings this week for rate cut cues. Spot gold was down 2% at $4,029.69 per ounce […]

The trade conflict between the US and China shows no signs of easing, with both sides digging in, hoping they can endure the economic pain longer than the other.The dispute has once again thrust a group of metals known as […]

Theta Gold Mines has raised an additional US$6 million (A$9.3 million) to accelerate construction of its flagship TGME gold project in South Africa’s Mpumalanga province, signalling renewed investor confidence in the country’s gold mining revival. The latest funding round, backed […]

CHINA has raised US$4 billion through a US dollar sovereign bond issue, a term sheet showed, with the offer attracting robust demand from offshore investors despite an ongoing regulatory crackdown across industries and problems in the property market. Investor bids […]

Gold prices rose over 1% on Thursday after two consecutive sessions of losses, as renewed geopolitical risks bolstered safe-haven demand and investors braced for key US inflation data due on Friday. Spot gold was up 1.4% at US$4,149.39 per ounce, […]

The policy, which takes immediate effect, aims to keep resource wealth within Malawi and could capture up to $500 million annually through domestic processing. “I will not allow exportation of raw materials from our mines,” Mutharika declared during a cabinet […]

The US and Australia have signed a deal intended to boost supplies of rare earths and other critical minerals, as the Trump administration looks for ways to counter China’s dominance of the market. Australian Prime Minister Anthony Albanese said the […]