Asian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a murky rate outlook in Japan. Lingering worries about escalating geopolitical tensions between the U.S. and Iran meanwhile kept oil prices elevated, ahead of a third round of talks between the two countries later on T
Copper eased on Thursday after touching a two-week high in the previous session, with a lack of fresh catalysts and concerns over rising inventories keeping the red metal range-bound. The most-traded copper contract on the Shanghai Futures Exchange dipped 0.02% to 102,100 yuan ($14,924.06) a metric ton as of 0330 GMT. The benchmark three-month copper on the London Metal Exchange, meanwhile,
The Country Director of the World Bank for Pakistan, Bolormaa Amgaabazar, called on the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division Wednesday. The meeting focused on strengthening cooperation under the World Bank’s Country Partnership Framework (CPF) and advancing key reform priorities of the government of Pakistan. Discussions covered broad are
Gold prices edged higher on Thursday, buoyed by a softer dollar and safe-haven demand fuelled by uncertainty surrounding US tariff policy and U.S.-Iran talks. Spot gold was up 0.3% at $5,183.85 per ounce, as of 0258 GMT. Bullion hit a more than three-week high on Tuesday. US gold futures for April delivery were down 0.5% at $5,200.50. “Price action reflects a re-pricing of fresh policy (t
Oil prices climbed on Thursday, hovering near seven-month highs, as investors gauged whether U.S.-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by a build in U.S. crude inventories. Brent futures were trading at $71.12 per barrel, up 27 cents, or 0.3%, at 0123 GMT. WTI futures rose 23 cents, or 0.4%, to $65.65. Brent gained 8 cents on Wed