China has announced the discovery of the largest gold deposit ever found in the country since 1949, with estimated reserves of 1,444 tonnes in Liaoning province. The discovery comes at a time when global gold prices are hitting record highs.The Chinese Ministry of Natural Resources confirm
Gold dips as dollar firms, investors weigh U.S. rate cut betscnbc.com25minNOVOSIBIRSK, RUSSIA - SEPTEMBER 15: A worker shows granules of gold at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on September 15, 202
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting pressure on traders and investors alike.Changing tariffs, shifting monetary policies, and persistent tensions are weighing on s
Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than
The Ministry of Ministry of Finance, Planning and Economic Development (MoFPED) has released data indicating a positive economic outlook for the month of October, 2025 as compared to the previous month.The Ministry says that in October 2025, the Shilling appreciated by 1.3 percent to an av
Uganda’s coffee sector has posted its strongest performance in history, with exports for the Coffee Year 2024/2025 soaring to 8.2 million 60kg bags, earning the country US$2.3 billion (UGX 8.1 trillion).The latest report from the Ministry of Agriculture, Animal Industry and Fisheries (MA
Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled back from nea
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last
Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude futures rose $1.24, or
