Gold steadies near $4,400 with US inflation in focus
Gold prices held above $4,400 an ounce on Thursday after reversing an earlier decline in the previous session. Spot gold rose 0.3% to $4,414.28 an...
Tag : financial markets
Egypt reserves cross $55 billion for first time in June
Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion for the first time and...
China foreign exchange reserves decline in June
China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and asset prices reduced the reported dollar value...
Japan’s Nikkei 225 clears 72,000 in record Tokyo rally
Japan’s Nikkei 225 rose above 72,000 for the first time on Monday, setting a fresh record as Tokyo equities extended a sharp June rally. The...
Tokyo market splits as Nikkei sets closing record
Tokyo stocks ended mixed on Monday as the Nikkei Stock Average closed at a fresh record high, supported by gains in heavyweight technology shares, while...
Bank of Korea keeps rate at 2.5% for seventh hold
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy...
China forex reserves fall in March to $3.34 trillion
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices...
Japan current account surplus hits $24.8 billion in February
TOKYO: Japan posted a current account surplus of 3.93 trillion yen, or about $24.8 billion, in February, as strong returns on overseas investments helped offset softer trade-related...
South Korea central bank hits record annual profit
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Alphabet becomes fourth company to cross $4 trillion valuation
MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among...