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Precious Metals Preview: Gold stays near $4600 per ounce mark; set for weekly gain of around 2%

Mumbai, Jan. 16 -- COMEX Gold is seen oscillating on either sides of $4600 per ounce mark in early Asian trades amid fading safe haven demand on temporary easing of geopolitical worries. Prices came o... Read More


Economic Buzz: US import prices rise 0.4%

Mumbai, Jan. 16 -- The Labor Department released a report on Thursday showing an increase by U.S. import prices over the two months from September to November. The report said import prices climbed b... Read More


Economic Buzz: US business inventories rise in October

Mumbai, Jan. 16 -- A report released by the Commerce Department on Wednesday showing business inventories in the U.S. increased by slightly more than expected in the month of October. The Commerce De... Read More


2027: Tinubu and Ndigbo, By Majeed Dahiru

Nigeria, Jan. 16 -- Ahead of the 2027 presidential election, it appears the ruling All Progressives Congress (APC) may not be slowing down on the expansion of its sphere of influence into hitherto hos... Read More


Energy Preview: WTI crude oil slumps back under $60 per barrel

Mumbai, Jan. 16 -- WTI crude oil futures are extending decline on Friday morning in Asia following a near 5% slump in the previous session. Concerns over a potential US military strike on Iran eased a... Read More


President Prabowo orders BNPB to step up flood response in Java

Kudus, Central Java, Jan. 16 -- Indonesian President Prabowo Subianto has instructed the National Disaster Mitigation Agency (BNPB) to conduct on-the-ground assessments and strengthen emergency respon... Read More


'Allah had other plans': Zahid defends Umno's alliance with ex-rival DAP

KUALA LUMPUR, Jan. 16 -- Umno president Datuk Seri Ahmad Zahid Hamidi has described the party's controversial alliance with its former adversary, DAP, as the result of "Allah's will," framing the part... Read More


IMF says Sri Lanka's electricity pricing policy remains tied to cost recovery

Sri Lanka, Jan. 16 -- The International Monetary Fund (IMF) has indicated that there is no immediate change to the electricity pricing objectives under Sri Lanka's IMF-supported program, reaffirming t... Read More


Price of a cup of milk tea reduced

Sri Lanka, Jan. 16 -- The price of a cup of milk tea has been reduced by Rs. 10, the All-Island Restaurant Owners' Association announced today (16). Chairman of the association, Harsha Rukshan, said ... Read More


GIFT Nifty suggests possible red start for equities; Taiwan to invest $250 billion in U.S. chipmaking industry

Mumbai, Jan. 16 -- GIFT Nifty: GIFT Nifty January 2026 futures were down 14.50 points, hinting towards a possible red opening for the Nifty 50 today. Institutional Flows: Foreign portfolio investor... Read More