economic uncertainty News

Berkshire Hathaway Shares Drop 3% Amidst 59.2% Plunge in Q2 Earnings

Berkshire Hathaway Inc. shares fell 3% after reporting a 59.2% year-on-year drop in Q2 net earnings, with revenue declining to $92.5 billion. Economic uncertainty and trade tension...

Singaporeans' Gold Investment Surges by 37% Amid Global Economic Uncertainty

Singapore's gold investment surged by 37%, with Southeast Asia showing mixed trends. Global jewelry demand fell due to high prices, while bar and coin investments grew. Geopolitica...

Global Gold Prices Hold Steady Amidst Third Weekly Decline: What's Next for Investors?

Gold prices in Vietnam and globally show stability amidst a third weekly decline, influenced by a stronger dollar and diminished U.S. rate cut expectations. Experts weigh in on the...

Wall Street Braces for Impact as Tariffs and Jobs Report Stir Economic Uncertainty

Wall Street futures fell as President Trump's new tariffs and upcoming economic reports fuel economic uncertainty. Key indicators and market performances highlight a cautious outlo...

Fed Maintains Interest Rates Amid Economic Uncertainty, Sparks Debate Among FOMC Members

The U.S. Federal Reserve has opted to keep interest rates unchanged at 4.25 to 4.50 percent, citing economic uncertainty and inflation concerns. The decision reveals divisions with...

Gold Prices Surge 1% as Fed Holds Rates Steady, Fueling Safe-Haven Demand Amid Uncertainty

Gold prices rose 1% as the Federal Reserve kept interest rates unchanged, dampening hopes for a rate cut and pushing investors towards safe-haven assets amid economic and geopoliti...

Fed Holds Steady: Interest Rates Unchanged Amid Trade War and Inflation Concerns

The Federal Reserve is anticipated to keep interest rates unchanged, amidst global trade uncertainties and inflation concerns. President Trump's calls for rate cuts contrast with r...

Bangkok's Condo Market Hits 16-Year Low: A Deep Dive into the Causes and Shifts

Bangkok's condo market faces its lowest supply in 16 years, with new launches dropping 94% year-on-year to 373 units. Experts cite high interest rates, rising costs, and economic u...

BoJ Deputy Governor Highlights US-Japan Trade Deal as a Key Step to Reduce Economic Uncertainty

Bank of Japan Deputy Governor Shinichi Uchida views the US-Japan trade agreement as a crucial step to reduce uncertainty for Japanese businesses, despite ongoing challenges in glob...

Economic Uncertainties Impact Jewelry Demand: Titan's CEO Highlights Stress in Rs 50k-1 Lakh Segment

Geopolitical and economic uncertainties are impacting consumer spending, with the jewelry sector experiencing demand fluctuations, especially in the Rs 50k-1 lakh segment. Titan's ...

Gold and Silver Prices Surge: Is the Rs 1 Lakh Mark for Gold Achievable Soon? Experts Weigh In

Gold and silver prices are under the spotlight due to global economic uncertainties, with experts predicting a bullish trend for gold and a positive outlook for silver. Technical a...

Global Gold Prices Rise as Trade Tensions Escalate: A Safe Haven in Uncertain Times

Gold prices have seen a modest increase globally, with Saigon Jewelry Company reporting a 0.17% rise in gold bar prices. The global market reacts to new U.S. tariffs, with spot gol...

Vietnam Gold Prices Hold Steady as Global Markets Await U.S. Economic Data

Vietnam's gold prices remain stable with slight increases as global markets anticipate U.S. economic data. Saigon Jewelry Company's gold bar and rings saw modest rises, while globa...

Gold Prices Soar to a Two-Week High Amid Global Economic Uncertainty

Gold prices have surged to a two-week high, with significant increases noted in both gold bars and rings. Global uncertainties and a weaker dollar are driving investors towards gol...

Thyssenkrupp Shares Plummet 9% Amidst Sales Decline and Market Uncertainty

Thyssenkrupp AG's shares fell by 9.14% after reporting a 5% drop in sales for the first half of the fiscal year, citing weak markets and macroeconomic uncertainty. The German steel...

Fed's Jefferson Warns: Rising Tariffs May Fuel Inflation, Economic Uncertainty Looms

Fed Vice Chair Philip Jefferson discusses the potential inflationary effects of higher tariffs, noting uncertainty over their duration. He affirms the current policy rate's adaptab...

Daimler Truck Faces 6% Revenue Drop in Q1 2025 Amid Economic Uncertainties

Daimler Truck's Q1 2025 revenue fell by 6% to €12.4 billion, with net profit and sales also declining. CFO Eva Scherer emphasizes resilience and strategic focus amid economic uncer...

Global Gold Rush: Central Banks, Including India's RBI, Accelerate Gold Reserves Accumulation Amid Economic Uncertainties

Central banks globally, including India's RBI, are significantly increasing their gold reserves as a hedge against inflation and economic uncertainties, with holdings growing from ...

Gold Prices Surge to Near Record Highs Amid Global Economic Uncertainty and Trade Tensions

Gold prices in Vietnam have surged by nearly 46% this year, reaching near historic highs. The State Bank of Vietnam links this to global market expectations and limited supply, whi...

BoE's Bailey Highlights US-UK Trade Deal as Key to Reducing Global Economic Uncertainty

Bank of England Governor Andrew Bailey views the upcoming US-UK trade deal as a significant step towards reducing global economic uncertainty, despite not knowing the full details....

Global Container Market Faces Downturn: Maersk Slashes 2025 Growth Forecast Amid Economic Uncertainties

AP Moller-Maersk A/S cuts its 2025 global container market volume forecast to a 1% decline, citing macroeconomic and geopolitical uncertainties, despite reporting strong Q1 financi...

Dramatic Drop in Gold Bar Prices as Global Markets React to U.S.-China Trade Talks

Gold bar prices in Vietnam saw a 0.4% drop, while global gold prices fell by 1.3% amid optimism over U.S.-China trade talks. The State Bank of Vietnam plans regulatory updates to s...

Federal Reserve Holds Steady: Interest Rates Remain at 4.25%-4.5% Amid Economic Uncertainty

The Federal Reserve has decided to maintain the federal funds rate at 4.25%-4.5%, citing solid economic expansion and a stable labor market, despite elevated inflation and increase...

Gold Prices Soar to Two-Week High Amid Global Economic Uncertainties

Gold prices have surged to a two-week high, with significant increases reported by Saigon Jewelry Company. The State Bank of Vietnam plans regulatory revisions to ensure market int...

April Sees a Sharp Decline in German Business Activity, Signaling Economic Uncertainty

In April, Germany's services sector contracted, with the Services PMI falling to 49.0, below the growth threshold for the first time since November. The Composite PMI also dipped, ...

April Sees a Sudden Halt in German Business Activity, Signaling Economic Uncertainty Ahead

In April, Germany's services sector contracted, with the PMI dropping below 50 for the first time since November, indicating a 14-month low. The Composite PMI also fell, reflecting...

German Services Sector Contracts in April Amid Economic Uncertainty, Marking a 14-Month Low

The German services sector contracted in April, with the PMI falling to a 14-month low of 49.0, amid weaker demand and economic uncertainties, while the Composite PMI barely avoide...

German Services Sector Contracts in April, Marking a 14-Month Low Amid Economic Uncertainty

Germany's services sector contracted in April, with the PMI Business Activity Index falling below the 50.0 threshold for the first time since November, indicating a 14-month low. T...

German Services Sector Contracts in April: A 14-Month Low Signals Economic Uncertainty

The German services sector contracted in April, with the PMI Business Activity Index falling to a 14-month low of 49.0. Despite a slight increase in the Composite PMI Output Index ...

German Business Activity Faces Setback in April as Services Sector Contracts

In April, Germany's services sector contracted, with the PMI Business Activity Index falling below 50.0 for the first time since November, indicating a 14-month low. The Composite ...

April's Economic Slowdown: German Services Sector Contracts Amid Rising Uncertainty

In April, Germany's services sector contracted for the first time since November, with the PMI Business Activity Index dropping to 49.0. The Composite PMI Output Index slightly gre...

German Services Sector Contracts in April Amid Economic Uncertainty, PMI Hits 14-Month Low

Germany's services sector contracted in April, with the PMI dropping to a 14-month low of 49.0, below the growth threshold. The Composite PMI slightly grew to 50.1, supported by ma...