On Friday, gold prices recovered slightly from their lowest levels in two weeks, after strong US economic data caused a wave of selling in the previous session, and as the atmosphere dominated by interest rates pushed the yellow metal towards its biggest weekly loss in five weeks. Spot gold rose …

Japanese automaker Toyota Motor said on Friday that its sales increased 5.1 percent in the first half of 2023 compared to the same period last year, thanks to the easing of semiconductor supply restrictions and, in particular, strong demand in Japan. The company sold about 4.9 million vehicles globally in …

Oil prices fell in early Asian trading on Friday after concerns about demand offset the impact of strong economic data. Brent crude was down 59 cents, or 0.7 percent, at $83.65 a barrel by 0027 GMT, but was on track for a weekly increase of 5 percent. US West Texas …

The new President of the Turkish Central Bank, Hafiza Ghaya Erkan, said on Thursday that the bank will tighten monetary policy gradually and will continue to implement selective tightening measures. Speaking during a press conference in Ankara to announce the bank’s quarterly inflation report, Erkan stated that inflation will rise …

European stocks rose on Thursday as traders reacted to a slew of earnings reports in the morning and awaited the European Central Bank’s monetary policy decision after the Federal Reserve raised interest rates as expected. And by 0713 GMT, the European STOXX 600 index rose 0.4 percent, after Asian stocks …

Gold prices rose to a one-week high on Thursday, supported by a slight decline in the dollar, as investors weighed somewhat measured comments from Federal Reserve Chairman Jerome Powell following a widely expected interest rate hike. Spot gold rose 0.3 percent to $1,977.13 an ounce by 0352 GMT, after earlier …

The dollar fell on Thursday after the Federal Reserve made what some predicted would be its last rate hike, with market focus shifting to the European Central Bank’s interest rate decision later in the day. The Fed on Wednesday raised interest rates by a quarter of a percentage point as …

Oil prices rose 1 percent on Thursday, to compensate for the losses of the previous session, after overshadowing concerns about the economic slowdown, and expectations of an increase in Chinese demand. And by 0522 GMT, Brent crude futures rose 72 cents, or 0.9 percent, to $ 83.64 a barrel. US …

In a letter to investors on Wednesday, Barclays analysts expressed their concern that Apple’s forecast for the September quarter would fall short of market expectations. Despite the likely miss, the analysts said it’s not obvious that it matters for the stock because “bulls may expect a stronger Dec-Q.” They rate …

An Australian court has ordered Meta Platforms, owner of Facebook, to pay fines a total of A$20 million ($14 million) for harvesting user data through a smartphone app that was promoted as a way to protect privacy without disclosing its actions. The Australian Federal Court also ordered Mita to pay …