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Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs).
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
The UAE Central Bank has imposed a Dh20 million ($5.5 million) fine on the foreign branch of a lender operating in the country – one of the biggest penalties imposed for a breach of anti-money laundering rules.
President Trump said on Wednesday that he had instructed the Department of Justice (DOJ) to open an investigation into oil companies over high gasoline prices.
Iran's crude exports have traced one of the more dramatic arcs in oil markets. This week's chart maps that journey from the promise of the 2015 nuclear deal to the collapse that followed and the tentative signs of recovery now emerging in the latest data from June 2026.
In a Kyiv workshop, a jewellery maker finishes off her latest piece — blow-torching a necklace pendant into the shape of a drone propeller. With works that resemble bullets, tanks and peace doves, resistance against Russia's invasion of Ukraine is inspiring a new wave of designs reflecting a country, society and art…
The lower Manhattan skyline, including the new One World Trade Center building at right, is shown as viewed from near the Statue of Liberty, Jan. 31, 2014, in New York. (AP Photo/Ted S. Warren, File)
State Comptroller Matanyahu Englman warned on Wednesday that Israel has not properly prepared for several economic risks that affect everyday life: whether the country will have enough gas to produce electricity, whether homebuyers are taking on mortgages they can afford, and whether government money is being spent …
Brokerages told to halt expansion of offshore-linked TRS portfolios as Beijing tightens oversight of cross-border investing channels.
Brokerages told to halt expansion of offshore-linked TRS portfolios as Beijing tightens oversight of cross-border investing channels.
US stocks are set for a rebound with equity futures higher as Semis and Tech stage a partial recovery from yesterday’s "Chip-Wreck" as KOSPI retraced about 20% of its losses ahead of earnings from the single-biggest contributor to US outperformance this year: Micron’s third-quarter numbers are an even bigger deal th…
Former US Ambassador to South Korea Harry Harris said traditional notions of defense are no longer enough, arguing that security must extend beyond military cooperation to include the economy, technology and supply chains.
PRU Life UK and Prudence Foundation, in partnership with the Department of Education (DepEd) and Junior Achievement (JA) Philippines, celebrated a major milestone in youth financial education as the award-winning Cha-Ching Curriculum reached 2 million Filipino students nationwide.
The announcement follows the arrest of two Japanese nationals over alleged smuggling and comes as Beijing tightens oversight of critical minerals
The announcement follows the arrest of two Japanese nationals over alleged smuggling and comes as Beijing tightens oversight of critical minerals
At World Economic Forum meeting in Dalian, observers see regional self-reliance and economic needs as motivators for change after Iran war
At World Economic Forum meeting in Dalian, observers see regional self-reliance and economic needs as motivators for change after Iran war
LOS ANGELES — Electric vehicle startup Slate Auto expects to defy challenging market conditions and avoid the losses its peers have seen by profitably selling a highly customizable EV that starts at just under $25,000.
JEJU, South Korea, June 24 (Yonhap) -- Former U.S. Ambassador to South Korea Harry Harris said traditional notions of defense are no longer enough, arguing that security must extend beyond military cooperation to include the economy, technology and supply chains.
FOR many Filipinos, financial progress is built through everyday decisions — sending money home, covering emergencies, sustaining a small business, protecting loved ones, or saving for the future. As these needs evolve over time, access to financial solutions must evolve alongside them.
Syndicate set up call centre and posed as licensed finance companies, tricking victims into taking out loans
Syndicate set up call centre and posed as licensed finance companies, tricking victims into taking out loans
Hanwha Aerospace is partnering with a defense company from the United Arab Emirates to pursue local production of its K9 self-propelled howitzer, strengthening its presence in the Middle East defense market.
Countries are accelerating efforts to build sovereign artificial intelligence (AI) capabilities as governments move to secure the data centers, chips, and energy supplies needed to operate advanced artificial intelligence systems.
The transfer of power in the UK from Keir Starmer to his successor, in all likelihood, Andy Burnham, may only take weeks, but it has sent alarm bells through the property industry, which fears delays will derail deals.
The president, premier and vice-premiers blanket agricultural and tech centres to gauge local strains and industrial progress before key July policy summit
The president, premier and vice-premiers blanket agricultural and tech centres to gauge local strains and industrial progress before key July policy summit
In the basement of a dilapidated building in Yemen’s capital, Sanaa, Nasser Sharhan, 46, sits under the dim light of a candle.
Louvre Abu Dhabi’s next season will move from ancient games and Indian Ocean trade routes to contemporary art and the urgent work of protecting cultural heritage.
Growing number of cases involve police working as rideshare drivers while carrying government-issued guns
Rheinmetall shares plunged as much as 17%, the largest intraday drop in more than a year, after the Financial Times reported that Berlin has scrapped a multi-billion-euro program to build six F126 frigates.
If Andrew Charlton needed a baptism of fire to prepare him for politics, it came when the former chief economic adviser to Kevin Rudd was parachuted in as Labor’s candidate for the federal seat of Parramatta.
A Tunisian court on Tuesday upheld an eight-year prison sentence slapped on anti-racism activist Saadia Mosbah for financial misconduct, two of her lawyers said.
People buy food at an improvised outdoor market surrounded by damaged buildings covered with street artist paintings close to a big city marketplace that was ruined recently by Russian missiles in Kyiv, Ukraine, Monday, June 22, 2026. (AP Photo/Efrem Lukatsky)
Palestinian public sector workers can expect to receive 50% of their wages on Thursday, the Palestinian Authority’s finance ministry announced on Tuesday night, months after critical service workers went on strike after receiving only a fraction of their pay.
Nine is negotiating terms for longtime Today host Karl Stefanovic to leave the network following his incendiary podcast interview with far-right British activist Tommy Robinson, potentially defusing a major advertiser boycott.
PARIS — "Grand Theft Auto VI" could start breaking records months ahead of the game's November 19 release when preorders open Thursday for the long-awaited new installment in the rollicking gangster saga.
US President Donald Trump has ordered the Justice Department to investigate major oil companies, accusing them of gouging consumers by keeping gasoline prices high despite a drop in the price of oil.
From broadcast operations to sponsorships, Chinese companies were major players at football’s biggest event despite geopolitical friction.
Distressed Stanley property sold at steep discount, reflecting banks’ urgency to clear losses as mainland investors return to luxury market
Distressed Stanley property sold at steep discount, reflecting banks’ urgency to clear losses as mainland investors return to luxury market
The House of Representatives on Wednesday will begin consideration of a bill to force tech companies to pay for artificial intelligence's strain on the power grid, as voters across the country express dissatisfaction with data centers driving up utility costs.
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U.S. Treasury yields fell on Wednesday as Brent crude prices fell to levels not seen since before the Iran war began, and investors await key inflation data due to be released Thursday.
Russia’s government is considering a full ban on diesel exports to stabilize the domestic fuel market amid growing shortages and rising prices linked to Ukrainian drone attacks on oil refineries and supply networks.
Dubai developer Nakheel has launched 222 beachfront residences for sale at Palm Jebel Ali on the back of “strong demand” recorded for the megaproject.
Analysts say the plunge in the KOSPI on June 23 was a correction rather than a breakdown, attributing the selloff to a confluence of factors. (Photo by Mayumi Tsumita)
The Netherlands has protested Washington’s proposed Match Act, which would further curtail its semiconductor firms’ business in China
The Netherlands has protested Washington’s proposed Match Act, which would further curtail its semiconductor firms’ business in China
Malaysian Transport Minister Anthony Loke speaks at a forum on the country's commercial drone ambitions on June 24. (Photo by Norman Goh)