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....
China inflation hits 1% in March as PPI turns positive
Business

China inflation hits 1% in March as PPI turns positive

congodailynews.com
BEIJING: China’s consumer inflation rose 1.0% in March from a year earlier, official data showed on Friday, easing from February’s 1.3% increase as spending cooled after the Lunar New Year holiday period. On a month-on-month basis, the consumer...
South Korea inflation hits 2.2% in March on oil surge
Business

South Korea inflation hits 2.2% in March on oil surge

congodailynews.com
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer...