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Gold Loses Shine After US-China Tariff Deal

India, May 12 -- Gold prices tumbled to a one-and-a-half-week low on Monday due to easing trade and geopolitical tensions. A stronger dollar amid easing U.S. recession fears also weighed on the preci... Read More


Romanian Trade Deficit Widens In March

India, May 12 -- Romania's foreign trade deficit increased in March from a year ago as imports rose faster than exports, figures from the National Institute of Statistics showed on Monday. The trade ... Read More


Oil Prices Surge On Demand Optimism

India, May 12 -- Oil prices were up nearly 3 percent on Monday after China and the U.S. touted "substantial progress" on their trade talks. Benchmark Brent crude futures were up 2.7 percent at $65.65... Read More


CATL To Exclude U.S. Retail Investors From Hong Kong IPO Amid Escalating Tensions

India, May 12 -- Contemporary Amperex Technology Co. Ltd. (CATL), the world's leading electric vehicle battery manufacturer, is set to limit U.S. participation in its upcoming Hong Kong initial public... Read More


European Shares Climb As US And China Reach Deal To Slash Tariffs

India, May 12 -- European stocks advanced on Monday after the U.S. and China struck a deal to suspend tariffs for 90 days and slash rates going forward, following negotiations in Switzerland over the ... Read More


Asian Shares Rise Ahead Of Key Briefing On U.S.-China Trade Talks

India, May 12 -- Asian stocks rose on Monday after trade talks between the U.S. and China showed progress in de-escalating tensions. Ahead of a joint statement to be released later in the day, financi... Read More


Turkey Retail Sales Growth Eases In March

India, May 12 -- Turkey's retail sales expanded at the slowest pace in eight months in March, the Turkish Statistical Institute said on Monday. The volume of retail sales climbed 9.2 percent on a yea... Read More


Simon Property Group Q1 Profit Down

India, May 12 -- Real estate investment trust Simon Property Group, Inc. (SPG) Monday reported first-quarter net income of $413.7 million or $1.27 per share, as compared to $731.7 million, or $2.25 pe... Read More


Danish Inflation Remains Stable At 1.5%

India, May 12 -- Denmark's consumer price inflation held steady in April after rising to a 9-month high in the previous month, data from Statistics Denmark showed on Monday. The consumer price index ... Read More


U.S.-China Trade Deal Sparks Rally On Wall Street

India, May 12 -- Stocks moved sharply higher during trading on Monday, more than offsetting the modest weakness seen in the previous week. With the strong upward move, the Nasdaq and the S&P 500 reach... Read More