Gold Holds Gain as Traders Seek Safety From US Rate Uncertainty

Gold held a four-day rally, with traders seeking refuge in the haven asset as risk-off sentiment swept markets on fresh…

Oil Hits Four-Month High as US Sanctions on Russia Sow Confusion

Oil rallied to the highest level in more than four months as a fresh wave of US sanctions against Russia’s…

Stocks and Bonds Retreat on Fed Rate-Cut Outlook: Markets Wrap

European stocks and US equity futures dropped as traders trimmed bets on Federal Reserve interest-rate cuts after Friday’s payroll data.…

Porsche’s 2024 China sales fall by 28%

German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in…

Hyundai launches $18,000 EV in Japan to penetrate EV-wary market

South Korea’s Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a…

Nvidia criticizes reported Biden plan for AI chip export curbs

Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports,…

How Trump’s energy vision aligns with Bitcoin’s economic and geopolitical promise

“Trump is early in his bitcoin journey, as most people are when they start,” Bailey noted. He explained that Trump’s…

TSMC’s fourth-quarter revenue handily beats market forecast

TSMC, the world’s largest contract chipmaker, on Friday reported fourth-quarter revenue of T$868.42 billion ($26.36 billion), asily beating a market…

Oil in Longest Run of Weekly Gains Since July as Market Tightens

Oil headed for a third weekly gain — set for the best run since July — as signs of market…

Yen Intervention Risk Creeps Higher as US Jobs

Traders are on alert for a rising risk of Japan intervening to support the yen, with a US jobs report…