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Finance & Markets

Gold prices dip as oil-driven inflation concerns weigh

Gold prices witnessed a slight decline, primarily driven by surging oil prices, raising inflation worries among traders. With an 86% probability of a US interest rate hike on the horizon, consumer prices saw a notable rise in August, further solidifying expectations of increased rates. As higher interest rates typically reduce gold's allure, other precious metals also faced downturns on Monday.

economictimes.indiatimes.com ·4h ago

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Russia's Putin proposes new insurance system and grain market for Brics nations

The Russian president said Brics should strengthen independent routes for capital, labour and technology while promoting a balanced global governance system.

4h ago ·hindustantimes.com

Chevron Australia Sees LNG Prices Staying High for Six Months

Liquefied natural gas prices — which have surged since the start of the US-Iran war — are unlikely to drop in the short term, according to Chevron Corp.’s Australia president.

4h ago ·bloomberg.com

Oversold Nifty could see a short-term rebound: Analysts

Indian stock indices, Sensex and Nifty, have extended their losing streak for a fifth week. Analysts suggest the indices have entered oversold territory, indicating a potential short-term rebound.

Nifty and Sensex in five-week losing streak, longest in 14 months
Nifty slides 2%, dips below key moving averages
Analyst TANMAY SHAH suggests Bull Put Spread strategy

4h ago ·economictimes.indiatimes.com

Sticking together 24/7 while on holiday? That could be a red flag

Friends in Singapore are great, but travelling with them is when all hell breaks loose.

Constant togetherness on holiday can be a red flag.
Budget disagreements and differing travel preferences can turn vacation stressful.
Constant togetherness may not lead to enjoyable memories.

4h ago ·straitstimes.com

China’s tax clampdown raises fears of founder share disposals

Haidilao’s sudden slump is putting the spotlight on other stocks vulnerable to similar selling.

China's tax crackdown on offshore trusts in late July
Haidilao International's share sale of US$350 million triggers concerns
Tax law provides 90-day grace period, risking Hong Kong-listed volatility

4h ago ·straitstimes.com

China’s Economy Enters Critical Phase Determining 2026 Stimulus

China’s economy is moving into a period that could determine the course of stimulus through the end of the year, as consumers remain gripped by malaise despite signs of stabilizing growth.

4h ago ·bloomberg.com

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