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Attacking the US Federal Reserve, Trump accused Fed officials of having political motives. However, Trump excluded Chairman Kevin Warsh.
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Shares of gold loan companies Muthoot Finance, Manappuram Finance and IIFL Finance rose as much as 4% as gold prices surged following the US Treasury’s decision to increase longer-dated bond buybacks.
The overhauled tax rules have also fueled concern that Beijing may widen its scrutiny of offshore wealth.
Buying interest returned at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 900 points during the opening minutes of trading on Thursday.
USD/CHF gains ground after registering handsome losses in the previous day, trading around 0.8000 during the Asian hours on Thursday. The USD/CHF pair continues to hold its gains as the Swiss Franc (CHF) remains under pressure ahead of the upcoming domestic Trade Balance report.
Oil prices extended gains for a fifth consecutive session after US President Donald Trump announced fresh measures aimed at intensifying economic pressure on Iran and restricting its access to global financial and commercial networks.
BitGo's Korean unit received regulatory approval to operate as a virtual asset service provider (VASP), becoming the first foreign digital asset company to secure the registration in one of the world's most active crypto markets, the company said Thursday.
