Silver’s rapid price surge is rippling through global markets, straining supply chains and forcing banks and refiners to scramble to meet unprecedented retail demand.After climbing almost 150% last year, the white metal has accelerated further in early 2026, jumping by roughly a third in just a few weeks. The rally…
Asian financial markets remained under pressure on Wednesday as geopolitical tensions linked to US President Donald Trump’s comments on Greenland unsettled investors, while volatility in global bond markets and currencies added to risk aversion. Safe-haven assets surged, regional equities fell, and emerging-market currencies weakened as markets digested a confluence of…
UK inflation rose for the first time in five months in December, adding to expectations that the Bank of England will pause before making further changes to interest rates early next year.Official figures published on Wednesday showed consumer prices increased at an annual rate of 3.4% last month, up from…
Canadian Prime Minister Mark Carney warned that the postwar global order led by the United States is breaking down, urging so-called middle powers to coordinate their response as great power rivalry intensifies. Speaking at the World Economic Forum in Davos, Switzerland, Carney framed the moment as a fundamental shift in…
Chocolate and cocoa giant Barry Callebaut announced Wednesday that it has named former Unilever CEO Hein Schumacher as its new chief executive officer, even as the company reported weaker-than-expected first-quarter results showing a decline in the sales volume of its cocoa products.The chocolate maker announced that its CEO, Peter Feld,…
Japan has restarted a nuclear reactor at the world’s largest atomic power plant for the first time since the 2011 Fukushima disaster, marking a significant milestone in the country’s long and cautious return to nuclear energy.Tokyo Electric Power Co. (Tepco) began restarting Unit No. 6 at the Kashiwazaki-Kariwa nuclear power…
If tensions continue to escalate and the dollar remains weak, gold prices could soon hit the coveted $5,000 per ounce level, according to experts. On Wednesday, gold prices on COMEX hit a new record high of $4,890.35 per ounce, breaching the $4,800 mark for the first time ever. Safe-haven demand, fueled by…
Gold price has ended the week-long range-bound trading by refreshing its all-time high earlier on Tuesday. At the time of writing, the bullion was at a fresh record high of $4,725. With that, the GLD ETF, which tracks the performance of the gold bullion, is set to make a similar…
Asian financial markets remained under pressure on Wednesday as geopolitical tensions linked to US President Donald Trump’s comments on Greenland unsettled investors, while volatility in global bond markets and currencies added to risk aversion. Safe-haven assets surged, regional equities fell, and emerging-market currencies weakened as markets digested a confluence of…
The Tesco share price pulled back and moved into a correction, falling by 11% from its highest level in November last year. It was trading at 425p on Wednesday, down from the all-time high of 481p. This article explains what to expect as technicals point to more downside in the…