Singapore's Gold Rush: Safe-Haven Demand Drives Record Sales Amid Global Uncertainty
Singapore witnesses a 35% surge in gold demand, driven by safe-haven seeking investors amid global uncertainty, while jewelry sales decline due to high prices.
global economic uncertainty News
UK Service Sector Faces Contraction in April Amid Global Economic Uncertainty
The UK service sector contracted in April for the first time in 18 months, with the PMI dropping to 49.0, due to declining new business and employment. Export conditions were parti...
UK Service Sector Faces Significant Slowdown in April Amid Global Economic Uncertainty
The UK service sector experienced a significant slowdown in April, with the services PMI falling to 49.0, the lowest since January 2023, due to decreased new business and employmen...
RBI's Strategic Gold Reserves: A Slow Move Home Amid Global Uncertainties
The RBI has slowed its gold repatriation to India, with only 1.53 tonnes moved in the latter half of FY2025. Gold remains a key asset for central banks to hedge against global unce...
India's Private Capex Growth Stalls in Q4FY25 Amid Surge in New Project Announcements
India's private sector capex growth remained sluggish in Q4FY25 despite a surge in new project announcements, with weak demand and global uncertainties cited as key challenges. Sel...
Hong Kong Gold Rush: Sellers and Buyers Navigate Record High Prices Amid Global Uncertainty
Hong Kong's gold market hits record highs as sellers and buyers navigate volatile prices amid global economic uncertainty. Experts link the surge to U.S. tariff policies and antici...
Gold Prices Soar Beyond Rs 1 Lakh: Uday Kotak Praises Indian Housewives as World's Smartest Fund Managers
Uday Kotak hails Indian housewives as the world's smartest fund managers as gold prices soar beyond Rs 1 lakh, amid global economic uncertainty and record highs in international ma...
TCS Reports Slight Dip in Q4 Profits but Achieves Milestone with FY25 Revenue Exceeding $30 Billion
TCS reports a marginal decline in Q4 profits but achieves a significant milestone with FY25 revenues surpassing $30 billion, highlighting growth amidst global economic uncertainty....
BoE Warns of Heightened Global Economic Uncertainty Amid Rising Inflation Risks
The Bank of England reports increased global economic uncertainty due to US tariffs, raising inflation risks and projecting a 3.75% inflation rate for the UK by Q3 2025, with poten...
BoE Warns of Escalating Global Economic Uncertainty Amid Trump's Tariffs Impact
The Bank of England reports increased global economic uncertainty due to Trump's tariffs, warning of higher inflation risks and projecting a 3.75% inflation rate by Q3 2025. The UK...
BoE Warns of Intensified Global Economic Uncertainty Amid US Tariffs and Inflation Risks
The Bank of England reports increased global economic uncertainty due to US tariffs, predicting higher inflation and interest rate cuts, while affirming the UK banking system's res...
BoE Warns of Escalating Global Economic Uncertainty Amid Trump's Tariffs Impact
The Bank of England reports increased global economic uncertainty due to US tariffs, predicting higher UK inflation and potential interest rate cuts, while affirming the UK banking...
UK Gilt Yields Plunge to Multi-Month Lows Amid Global Economic Uncertainty
UK gilt yields have fallen to multi-month lows, with the two-year gilt hitting its lowest since September 2024. This comes as global economic uncertainty, spurred by US tariff anno...
Gold Prices Climb Amid Global Economic Uncertainty and Trade War Fears
Gold prices have seen a notable increase, both locally and globally, driven by economic uncertainties and fears of a trade war. Investors are turning to gold as a safe-haven asset ...
Swiss Economic Growth Faces Challenges in 2025: A Slight Decline Predicted
Switzerland's economic growth forecast for 2025 has been marginally downgraded to 1.5% due to delays in Europe's recovery and global economic uncertainty. The forecast anticipates ...
Gold Ring Prices Surge Amid Global Economic Uncertainty
Gold bar prices remain stable at VND85.5 million per tael amidst global economic uncertainty. Global gold prices have steadied as markets await key U.S. jobs data and comments from...
