Tag: Global economy
China’s Central Bank Plans to Resume Gold Purchases Amid Price Drop
China, known as the world's largest official buyer of gold, is planning to resume purchasing gold once the prices drop from the record highs...
China’s central bank resumes gold buying as prices drop, analysts predict
China's central bank, the People's Bank of China, is known for being the largest official sector buyer of gold. However, in May, their gold...
European markets higher ahead of Fed decision, U.S. inflation data
European markets saw a rise in trading on Wednesday as investors eagerly awaited the latest decisions from the U.S. Federal Reserve and new inflation...
Taiwan Semiconductor sales jump 30% in May as AI demand surges
Taiwan Semiconductor reports 30% sales increase in May due to AI demand surgeTaiwan Semiconductor (TSM) has announced a significant 30% increase in sales for...
BRICS: Turkey to Join Alliance at 2024 Summit?
BRICS: Turkey to Join Alliance at 2024 Summit?With all eyes on the upcoming expansion of BRICS, Turkey has emerged as a candidate to join...
BRICS: JPMorgan Forecasts Unavoidable Crisis for the US Dollar
BRICS: JPMorgan Predicts Crisis for US DollarOver the past year, a significant global economic shift has been occurring, with BRICS de-dollarization reaching new heights....