U.S. current account deficit hits record high as foreign direct investment plummets to $52.8 billion in Q1 2025.
Foreign direct investment into the U.S. saw a remarkable downturn in the
Category: Business
Crude oil prices plunge 3 percent to $68.75 as tensions ease in the Middle East.
Oil prices dipped sharply to their lowest levels in more than a
Exclusive-Central banks eye gold, euro and yuan as dollar dominance wanes.
The custodians of trillions of dollars of global central bank reserves are
Eni Sells 20% in Its $14-Billion Low Carbon Business Plenitude.
Eni has signed a deal to sell 20% in its low-carbon energy
China breaks into Malawi’s mining sector with $7 billion investment package.
The deal, signed on June 16, 2025, during the China-Africa Economic and
United Capital Asset Management berths with new investment fund for children.
United Capital Asset Management (UCAML), a subsidiary of United Capital Group, has
Zimbabwe says gold-backed currency stable but investor doubts persist.
Zimbabwe’s gold-backed currency now has more than 100% reserve cover and is
Pound firms as BoE offers markets shred of clarity.
The pound rose on Thursday after the Bank of England kept rates
Russian gold mining company Nordgold eyes investment opportunities in West Africa.
This comes as the firm solidifies its presence in the region with
Beyond the dollar: The Global South’s exit from US fiscal fragility.
The global financial system is in large part anchored in US Treasuries.