Gold falls below $4,000 after oil prices jump
Business

Gold falls below $4,000 after oil prices jump

congodailynews.com
NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to...
China pledges tech support, trade balance and market reforms
Business

China pledges tech support, trade balance and market reforms

congodailynews.com
BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference on the sidelines of the annual National People’s Congress. The...
Bank of Korea holds 2.5% rate and rolls out dot plot
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

congodailynews.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
Bank of Japan lifts rates to highest level in 30 years
Business

Bank of Japan lifts rates to highest level in 30 years

congodailynews.com
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank...