Gold prices edged up on Monday, holding above the $2,050 level on safe-haven appeal from elevated tensions in the Middle East and on renewed bets for an early rate cut by the U.S. Federal Reserve.
Turkish Central Bank Governor Hafize Gaye Erkan said at an investor meeting late last week that the bank is vigilant on inflation risks and ready to take any necessary action if needed, bankers said.
Australia's household spending fell in December after a rise the previous month, as consumers pulled back spending on household goods, recreation and food, data from the Commonwealth Bank of Australia showed on Monday.
India's main indexes hit record highs for the second consecutive session on Monday, boosted by information technology stocks following better-than-expected results from HCLTech and Wipro.
China called for a large-scale and authoritative peace conference on the war in Gaza, while the militant group Hamas aired video of three Israeli hostages and said their fate would be disclosed on Monday.
Oil prices edged up on Monday as traders watched for supply disruption risks in the Middle East following strikes by U.S. and British forces to stop Houthi militia in Yemen from attacking ships in the Red Sea.
China's imports of crude oil, coal and iron ore all soared to record highs in 2023, but this seemingly strong performance by the world's top commodity buyer comes with a few caveats.
Indonesia's trade surplus shrank by almost a third in 2023 from a year earlier, as exports and imports dropped along with falling commodity prices and weakening global trade, data from the country's statistics bureau showed on Monday.
(RTTNews) - The South Korea stock market has finished lower in eight straight sessions, slumping almost 150 points or 5.6 percent along the way. The KOSPI now sits just above the 2,525-point plateau although it may finally stop the bleeding on Monday.
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Financial market activity in Asia on Monday will be lighter than usual with U.S. markets closed for the Martin Luther King Jr. holiday, but there is a decent sprinkling of local economic and political developments for investors to get their teeth into.
Bitcoin was one of the main news items last week with various Bitcoin ETF’s being approved by the SEC. According to Reuters, $4.6 billion worth of Bitcoin ETF’s traded hands as of Thursday afternoon.
It was a rough year for Virgin Galactic (NYSE: SPCE) on the stock market. According to data from S&P Global Market Intelligence, shares have fallen 37.6% since the start of 2023, even though growth stocks had a solid year.
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