World Business
IMF Cuts 2026 Global Growth Forecast to 3%, Citing Iran War Risks
The IMF has lowered its 2026 global growth forecast to 3%, the second cut this year, attributing the revision to 'uncertainty and...
The Newsroom 910 articles
Markets
Gold Prices Drop as Markets Brace for Fed Rate Decision
Gold prices experienced a sharp decline on Tuesday, with spot gold falling 1.2 percent, as traders positioned themselves ahead of the Federal...
Markets
Cafes, Hotels Question Business Rate Relief
Following a business rate cut for pubs and music venues, cafes and hotels are questioning why they were excluded from the new...
Investing
Chip Stocks Tumble: Kospi Halts, Nvidia Loses Top Spot
Chip firms in the US and Asia saw sharp declines, with South Korea's Kospi index pausing after an 8% slide. Nvidia fell...
Investing
US Dollar Ban Strands 60 Million Barrels of Iranian Crude
The US Treasury has revoked its waiver for Iranian oil sales, blocking transactions in US dollars after Gulf tanker strikes. This action...
Markets
Gold Climbs As Mideast Calm Dents Dollar, Yields
Gold prices rose as US-Iran truce hopes cooled oil, dollar, and Treasury yields, easing inflation fears ahead of key central bank meetings...
Markets
Insurance Stocks’ Compounding Edge: The Float Mechanism
Insurance companies leverage 'float'—premiums collected upfront and invested—to generate significant long-term returns. This unique financial model allows for diverse investment strategies, from...
Markets
Taiwanese Equities Eye Rebound After Three-Day Slide
The Taiwan Stock Exchange, having shed over 770 points in three sessions, is anticipated to open higher on Tuesday, buoyed by an...
Finance
Macron Pledges French Aid for Syria’s Economy, Banking Amid Blasts
French President Emmanuel Macron committed France to rebuilding Syria's economy and banking sector during his Damascus visit, undeterred by nearby bomb blasts.