Gold prices advanced on Friday as a weaker US dollar and easing bond yields supported demand for the precious metal, despite persistent inflation concerns and uncertainty over the Federal Reserve’s next policy move. US gold futures rose approximately 0.7% to $4,200.80 per troy ounce on 16 October. The move came as investors reassessed interest-rate expectations
The European Union is moving closer to next-day securities settlement, a major operational change that will affect brokers, custodians, asset managers and other financial market participants across the region. The European Securities and Markets Authority (ESMA) confirmed on 16 October that preparations for the transition to T+1 settlement are advancing, with the new system scheduled
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NLB Skladi – Nepremičnine, a newly established Slovenian real estate investment company, has extended its initial public offering (IPO) subscription period to 17 December 2026 at 12:00 CET, giving investors additional time to participate in its planned €100 million share offering. The company intends to issue up to 10 million new shares at €10 each,
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China’s economic growth is expected to accelerate slightly in the third quarter, as government support and resilient exports help offset weak domestic demand and continued pressure on the property sector. Economists surveyed by Reuters expect gross domestic product (GDP) to rise 4.4% year over year in the July–September quarter, compared with 4.3% in the second
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Federal Reserve Bank of Chicago President Austan Goolsbee has warned that the latest US inflation figures are discouraging, while reaffirming that the Federal Reserve remains committed to returning inflation to its 2% target. His comments followed September’s stronger-than-expected Consumer Price Index (CPI) report, which raised fresh questions about how quickly price pressures can ease. In
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US inflation accelerated in September as surging fuel prices pushed consumer costs higher, complicating the Federal Reserve’s efforts to bring inflation back towards its 2% target. The Consumer Price Index (CPI) rose 3.7% year over year, up from 3.4% in August and above economists’ expectations of 3.6%. On a monthly basis, consumer prices increased 0.6%,
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Bybit is accelerating its transformation from a cryptocurrency exchange into a broader financial platform, adding traditional stock trading, derivatives, payments and artificial intelligence tools to its existing digital-asset business. The strategy reflects a wider industry shift as crypto platforms compete to become single destinations for multiple financial activities. The company’s co-founder and chief executive, Ben
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Copper prices are approaching a critical technical turning point as the metal struggles to break through resistance near $6.75 per pound. The market has been consolidating after a recent advance, leaving traders weighing the potential for a bullish breakout against the risk of a failed rally. Technical analysis published earlier this week placed copper near
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U.S. stocks fell sharply on Wednesday as hotter-than-expected inflation revived concerns about interest rates, putting renewed pressure on technology shares and artificial intelligence-related investments. The S&P 500 fell 1.11% to 7,718.94, while the Nasdaq Composite dropped 1.88% to 26,692.87. The Dow Jones Industrial Average proved more resilient, slipping 0.09% to 51,621.48. The sell-off highlighted investors’
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The Missing Link in Humanoid AI China is building a commanding position in one of the most technically demanding parts of humanoid robotics: the human-like robotic hand. While advances in artificial intelligence have helped robots walk, balance and recognise objects, manipulating those objects with precision remains a major obstacle to commercial deployment. The distinction matters.
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Fire Engulfs Cargo Vessel A Singapore-registered container ship sank in the Strait of Hormuz after being struck and catching fire, intensifying concerns over the safety of commercial shipping through one of the world’s most strategically important maritime corridors. The vessel, GFS Pride, was sailing through the strait on October 13 when it sustained damage and
Japan’s Nikkei 225 fell sharply on Tuesday as a global selloff in artificial intelligence-related stocks intensified and geopolitical tensions added to investor caution. The decline reflected growing doubts about the sustainability of AI-driven valuations, alongside concerns over energy markets and the outlook for global growth. The Nikkei closed down 1.82% at 67,777.52, extending its losses
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