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Gold and Silver Prices Fall Amid US-China Trade Optimism – Expert Analysis

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Gold and silver prices fell sharply this week as global investors reacted to growing optimism over a potential US-China trade agreement and a stronger US dollar, reducing demand for safe-haven assets. Gold Futures Drop on MCX On the Multi Commodity Exchange (MCX), gold futures for December...

Orbán wants a Chinese university in Hungary. Opponents see a chance to turn his nationalist rhetoric against him

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A derelict plot on the banks of the Danube River in Budapest, Hungary, might seem like an unusual epicenter for a political earthquake.But that was before Prime Minister Viktor Orbán's populist government announced a controversial planfor a prestigious Shanghai university to open its first...

Aussie Falters on Soft Jobs Data, kiwi Calm After Ardern Resignation

The Australian dollar
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The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive currency, while the kiwi was little moved by the resignation of Prime Minister Jacinda Ardern. The Aussie eased 0.4% to...

Blue Yonder Hit by Ransomware Attack, Disrupting US and UK Grocery Chains’ Operations

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Blue Yonder, an Arizona-based software company acquired by Panasonic in 2021, has confirmed it was targeted in a ransomware attack this weekend. The attack primarily impacted the company’s private cloud services, which it provides to some clients, including major grocery chains in the US...

Non-power coal users claim supply shortage; government denies it

Non-power coal users claim supply shortage; government denies it
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India's aluminium smelters, textile mills, sponge iron and fertiliser-makers say they face a coal shortage as power generators take the bulk of supplies. India's top miner Coal India Ltd, which accounts for more than 80% of India's production of the fuel, and the federal coal...

Dollar Down as Fed Minutes, U.S. Data Weighs

Dollar down
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The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve's November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov....

Asia FX Muted, Dollar Steadies As Fed Meeting Looms

Asia FX muted
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Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains...

European Stock Futures Higher; PMI Data in Spotlight

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European stock markets are expected to open higher Monday helped by some bargain hunting after last week’s sharp selloff, but confidence remains brittle with a raft of manufacturing surveys likely to point to a slowing global economic recovery in the face of the new...

Countdown to Zomato IPO: stay on top with ET Prime’s exhaustive coverage on India’s food-tech sector

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The number of employees working from home in many countries was increasing even before the coronavirus forced our hand. In America, according to the 2017 consensus, around 5% of the population were working from home, which was up on the year before and an increase of...

India has created ‘perverse incentives’ for firms to stay small. Here’s how to fix it

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01 June 2021 Economics isn't something that can only be learned from books and journals – in fact, as an important part of modern life, there are a number of great movies made about economic themes. From the 2008 financial crisis to the formation of game theory, movies have documented...