Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling as much as 1
Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local economic shifts. Cross-border investing offers access to industries, currencies and growth stories that aren’t always available at home. However, it also requires a clear u
Key PointsAs you near the end of your career, it's important to assess your finances to see if you're ready to retire. And a big part of that means setting a retirement budget.Once you've mapped out your monthly or yearly expenses, you can see if you'll have enough income based on t
Bitcoin was trading around USD 1,12,319.38 on October 29, 2025, showing a downward trend after recent fluctuations. The cryptocurrency fell from USD 1,14,289 on October 28 to below USD 1,13,000 on October 29, highlighting volatility and uncertainty in the crypto market.Bitcoin Price
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
Key PointsThere are now more than 145,000 Bitcoin millionaires in the world.Due to Bitcoin's impressive performance during the past five years, investors have been able to tap into the power of compounding returns.Spot Bitcoin ETFs create an easy, convenient, and low-cost met
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extraordinary ral
Tech billionaire Larry Ellison (pictured right) has claimed the title of the world's richest person for the first time, surpassing Elon Musk. Ellison's wealth jumped by $101 billion to $393 billion after Oracle's blockbuster earnings report Tuesday. Musk's is wo
Zambia's foreign minister has warned diplomats against interfering in the country's affairs, days after the US ambassador raised concerns about the "systematic theft" of drugs donated to the southern African state.Mulambo Haimbe said there was an "increasing tendency" by e
Private sector operating conditions during April remained encouraging as the headline Stanbic Purchasing Managers’ Index (Stanbic PMI) rose to 55.3, up from the 52.9 recorded for March.Readings above 50.0 signal an improvement in business conditions on the previous month, while readings
