Gold rose to its highest in more than a week overnight as the US dollar and equities weakened after the International Monetary Fund cut its global economic growth forecasts for the year, with increased buying […]
The global economy is slowing more than expected and a sharp downturn could require world leaders to co-ordinate stimulus measures, the International Monetary Fund says. The global lender’s semi-annual World Economic Report points to the […]
Wynn Resorts has abruptly ended talks over its $10 billion takeover proposal for Crown Resorts, blaming the Australian casino operator for revealing the potential deal too early. Crown shares on Wednesday gave up almost half […]
Lending to owner-occupiers and investors rose in February, but there’s little agreement among economists about what that means for the health of the housing market. Some expressed cautious optimism that, after months of declines, markets […]
Copper prices rose overnight on news of fresh stimulus measures in top metals consumer China and hopes for a US-China trade deal. Other industrial metals, such as zinc, were dampened by the prospect of rising […]
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