Gold Regains Ground on Softer US Dollar

Gold prices gained on Thursday, helped by a weaker US dollar and Treasury yields, as investors waited for more US data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.

Spot gold was up…

UK economy grows by 0.6 pct in Q2 ’24

LONDON, British gross domestic product (GDP) is estimated to have increased by 0.6 percent in this year’s second quarter, highest growth pace in two years.

The Office for National Statistics (ONS) attributed this growth to betterment of service secto…

Korea’s auto exports dip 9.1% in July

SEOUL: South Korea’s car exports fell 9.1% last month from a year earlier due to a high base effect, data showed Thursday.

The combined value of car shipments came to US$5.4 billion in July, down from $5.9 billion won in the same month last year, acc…