A weekend marked by tense diplomacy, courtroom battles, major energy agreements, and upheaval in the tech sector underscored the shifting economic and political landscape. From marathon US-China talks in Madrid to a looming fight over the Federal Reserve, as well as a nuclear power pact in Britain and sweeping layoffs…

A stark warning has been issued regarding Australia’s future, as a government report released on Monday predicts a significant increase in the frequency and severity of climate events. These extreme weather phenomena are expected to occur more often and, critically, simultaneously, posing an unprecedented challenge to the nation. The report highlights that…

Singapore’s private housing market saw its strongest sales in nine months in August, with buyers snapping up more than 2,100 units as new project launches fuelled demand. Data from the Urban Redevelopment Authority (URA), quoted in a Bloomberg report, showed developers sold 2,142 private homes during the month, the highest…

European equities opened higher on Monday, with investors positioning ahead of a pivotal week marked by central bank meetings, trade data, and political events.The UK’s FTSE gained 0.2% in early trade, while Germany’s DAX rose 0.4% and France’s CAC 40 advanced 0.3%. The broader positive sentiment was tempered by a…

Shares in Sainsbury jumped to a four-year high on Monday after the UK supermarket group abruptly ended talks to sell its Argos chain to Chinese e-commerce giant JD.com.The stock rose more than 5% in early London trading, making it the top gainer on the FTSE 100.The sudden rally came after…

On Saturday, US President Donald Trump announced that the United States was ready to impose new energy sanctions on Russia. However, this action was contingent upon all NATO member nations stopping their purchases of Russian oil and implementing comparable sanctions.Despite over three years passing since Russia’s full-scale invasion of Ukraine, the…

India’s festive season is projected to see a decrease in gold demand compared to last year. This anticipated decline is primarily due to record-high gold prices, which are expected to dampen jewellery purchases, despite a slight uptick in investment demand.Lower gold demand in India, the world’s second-largest consumer, could cap rising…

Germany plans to move away from long-term, fixed-price contracts for new renewable energy projects, aligning with European Union guidance and shifting toward more market-based mechanisms. The announcement, made by the economy ministry on Monday, underscores Berlin’s efforts to sustain the country’s clean energy transition while addressing growing concerns about high…