Category: News Group

Asian Shares Advance

Major stock markets in Asia followed Wall Street higher on Thursday after the Fed reaffirmed interest rates would stay low for a long time. Meantime, a fresh stimulus in the US is imminent, with the House is likely to vote for...

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Gold Holds Above $1,800

Gold held above the $1,800/oz level on Wednesday, as a weaker dollar helped the metal regain momentum following a weak performance in the previous session. Adding to the bullish tone were dovish-sounding remarks from US Federal...

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Iron Ore Surges Past $175

Prices for iron ore cargoes with a 63.5% iron content for delivery into Tianjin jumped to above $175 per tonne in the last week of February, a level not seen since October of 2011, amid continued robust demand from China and...

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Asian Markets Mostly Lower

Asian equity markets were mostly lower on Tuesday, as concerns continued to rise among investors that higher long-term bond yields could call a halt to the recent vaccine-driven rally. Markets were now awaiting new developments...

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Gold Rebound Gains Momentum

Gold gained ground above the $1,780/oz level on Monday, consolidating the rebound from a seven-month low of $1,759/oz hit last session on the back of a weaker dollar. Adding to the bullish tone were dovish-sounding remarks from...

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