Humanity International Investments: DRC and UAE to Collaborate on Economic Cooperation, Investment, and Infrastructure as discussed at Annual Investment Meeting
The 12th edition of the Annual Investment Meeting (AIM) announced today that the Democratic Republic of the Congo (DRC) and the United Arab Emirates will collaborate on various projects focused on economic cooperation, investment, and infrastructure in addition to promoting humanitarian assistance efforts.
Gold, palladium retreat from highs as risky assets stabilize
Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious metals in case of a further escalation in the Ukraine crisis.
Crypto rally lifts ether to new record, bitcoin to near 3-week high
Bitcoin rallied toward its all-time high on Monday and ether climbed to a fresh record as cryptocurrencies rode a wave of momentum, flows, favourable news and inflation fears.
Dollar buoyed as strong job figures fan Fed tapering talk
The dollar was buoyant in early Tuesday trade as a run of strong U.S. job figures solidified expectations the U.S. Federal Reserve could soon start tapering its massive coronavirus-driven stimulus.
US dollar, stocks dip as Fed keeps taper timing close to chest
U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.
Glencore reaches $9.85 mln zinc rigging settlement in New York
Glencore Plc (GLEN.L) agreed to pay $9.85 million to resolve a private U.S. antitrust lawsuit accusing two units of the Anglo-Swiss mining company of trying to monopolize the market for zinc, driving up its price.
Asian shares pressured by fears over Delta virus variant, U.S. data in focus
Asian shares edged lower on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery even as robust momentum in the United States prompts the Federal Reserve to contemplate a quicker exit from accommodative policy.
Stocks recover from 4-week lows as focus switches back to post-pandemic growth
Global shares extended their recovery on Tuesday from four week lows, as investors focused on prospects for post-pandemic economic growth, rather than fret more over the hawkish stance taken by the U.S. Federal Reserve at a policy meeting last week.
Stocks slide, yields jump as Fed projects earlier rate hikes
LONDON, June 16 (Reuters) – Markets were jostled Wednesday after U.S. Federal Reserve officials projected interest rate hikes sooner than expected, with stocks sliding and the dollar jumping on the news.
Asian shares rise in early trade, investors eye Fed meeting
Asian shares rose early on Tuesday, tracking Wall Street higher, though investors looked to a much-anticipated Federal Reserve policy meeting to see if the central bank would signal any change to the U.S. monetary policy outlook.
