Business

Gold clears $4,400 while US inflation data takes focus

congodailynews.com
Gold advanced for a third consecutive session on Tuesday as bullion extended its rebound from last week. Spot gold gained 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest level since June 5....
OECD inflation eases to 4.2% as lower energy rates take hold
Business

OECD inflation eases to 4.2% as lower energy rates take hold

congodailynews.com
Headline inflation across OECD economies eased to 4.2% in June 2026 from 4.6% in May, ending three straight monthly increases. The measure tracks annual changes in consumer prices across the group’s member countries. Inflation declined...
ADB cuts Asia Pacific 2026 growth forecast to 4.9%
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

congodailynews.com
The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands...
Nikkei falls as caution returns to Tokyo stocks
Business

Nikkei falls as caution returns to Tokyo stocks

congodailynews.com
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The...