Following a four-month streak of gains, the Hong Kong stock market has continued its upward momentum into September. The Hang Seng Index opened strongly, climbing by 430 points or 1.71% to reach 25,508 points. Meanwhile, the Hang Seng China Enterprises Index rose by 136 points, equivalent to a 1.52% increase, settling at 9,084 points. The…
Silver traded above $40 an ounce for the first time since 2011 as expectations grew for an interest-rate cut by the Federal Reserve this month, boosting investor appetite for precious metals. Spot silver rose as much as 1.4% to $40.2920 an ounce on Monday, taking gains for this year to more than 40% in a rally…
Gold hit a more than four-month high on Monday, as increased bets for a U.S. Federal Reserve interest rate cut this month lifted bullion’s allure, while silver rose above $40 per ounce for the first time in more than a decade. By 0238 GMT, spot gold rose 0.7% to $3,470.69 per ounce, hitting its highest…
The Trump administration is pressing ahead with trade negotiations despite a U.S. appeals court ruling that deemed most of President Trump’s tariffs illegal. U.S. Trade Representative Jamieson Greer said Sunday that “our trading partners… continue to work very closely with us,” and that deals are progressing “regardless of what this court may say in the…
