Tuesday 22 April 2025
 
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Gold breaks $3,300 for first time in history as tariff war ramps up

Gold has set a new record by crossing a milestone level of $3,300 for the first time in history. The gold price has jumped 40% over the last 12 months, said media reports.    Spot gold hit a record o

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Gold breaks $3,300 for first time in history as tariff war ramps up

Gold has set a new record by crossing a milestone level of $3,300 for the first time in history. The gold price has jumped 40% over the last 12 months, said media reports.    Spot gold hit a record o

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Saudi asset management industry tops SAR1 trillion, says Fitch

The Saudi Arabian asset management industry grew by over 20% in 2024, exceeding SAR1 trillion ($266 billion) assets under management (AUM) for the first time, said Fitch Ratings.    The industry is likely to

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Opec cuts 2025 oil demand growth due to US tariffs

The global oil demand growth forecast for 2025 is revised down slightly to 1.3 mb/d, y-o-y, according to the Opec Monthly Oil Market Report (MOMR) – April 2025, reported WAM.   This minor adjustment is main

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Investcorp Capital sells prime US industrial portfolio for $360m

Investcorp Capital, a major player in the private markets and alternative investment sector, has  announced that it has completed the sale of its US industrial real estate portfolio for an aggregate sale price of $360 million.

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Investcorp Capital sells prime US industrial portfolio for $360m

Investcorp Capital, a major player in the private markets and alternative investment sector, has  announced that it has completed the sale of its US industrial real estate portfolio for an aggregate sale price of $360 million.

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Trump stokes global trade war as world reels from US tariff shock

Global markets slumped on Thursday after President Donald Trump announced a major round of tariffs on US imports. The world’s biggest economies reacted swiftly to the new levies, a significant escalation of trade tensions with th

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Trump stokes global trade war as world reels from US tariff shock

Global markets slumped on Thursday after President Donald Trump announced a major round of tariffs on US imports. The world’s biggest economies reacted swiftly to the new levies, a significant escalation of trade tensions with th

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Global markets brace for impact amid new US auto tariffs

European markets and US stock futures are trading lower. This anticipated decline is largely attributed to President Donald Trump's recent announcement of a 25% tariff on imported cars and light trucks, set to take effect on April 3. 

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Global markets brace for impact amid new US auto tariffs

European markets and US stock futures are trading lower. This anticipated decline is largely attributed to President Donald Trump's recent announcement of a 25% tariff on imported cars and light trucks, set to take effect on April 3. 

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