Silver Price Hits All-Time High of $75 per Ounce Driven by Investment and Industrial Demand
Silver hits record $75/oz, driven by strong investment, industrial demand, weaker dollar, and rate cut hopes; supply constraints add momentum.
Chinese Stocks Continue Rally, Yuan Hits 15-Month High Amid Easing Policy Signals
Chinese stocks and yuan rose on policy easing hopes; Shanghai index hit 8-day high, yuan at 15-month peak, signaling market optimism.
Japan to Quadruple Spending on Semiconductors and AI in 2026 Budget
Japan will quadruple spending on semiconductors and AI to $7.9B in 2026, aiming to boost tech self-reliance and global competitiveness.
Nikkei Hits Two-Week High, Set for Second Consecutive Weekly Gain
Nikkei hits two-week high, up 1%, set for 2nd weekly gain; gains driven by broad sector strength and record draft budget approval.
Gold Nears All-Time High Supported by Safe-Haven Demand and U.S. Rate Cut Expectations
Gold nears record highs on safe-haven demand, geopolitical tensions, and expectations of U.S. rate cuts; up over 70% this year.
Japanese 10-Year Government Bond Yield Retreats from 26-Year High Amid Slowing Tokyo Inflation
Japan's 10-year bond yield dipped from a 26-year high as Tokyo inflation slowed, possibly delaying further rate hikes and reducing bond sales.
Japanese Yen Set for Strong Weekly Gains Amid Expectations of Further Bank of Japan Tightening
The yen gains on BOJ tightening hopes despite weak inflation; officials may intervene if volatility rises amid mixed economic data.
Central Bank of Egypt Cuts Interest Rates by Full Percentage Point as Inflation Eases
Egypt's central bank cut interest rates by 1% as inflation eases, aiming to boost growth, but risks to currency and inflation remain.
Saudi Market Closes Lower: Main Index Pressured by Blue Chips, Sector Performance Mixed
Saudi market closed down 0.10% at 10,530.54, pressured by blue chips; sector performance mixed, Aramco led trades, 100 stocks rose, 159 fell.
New Direct Maritime Line Connects Iraq and UAE, Reducing Shipping Time to 36 Hours
A new direct maritime line links Iraq and UAE, cutting shipping time to 36 hours and boosting trade and regional logistics.
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