Volvo’s EX90 electric vehicle photographed in Sweden on Nov.9, 2022. Mikael Sjoberg | Bloomberg | Getty Images Sweden’s Volvo Cars on Thursday climbed to its highest level since November, after the automaker reported record single-month sales for March and solid electric vehicle growth in Europe. Shares rose by 6.2% at 12:20 p.m. in London and … Read more
A bowl of kimchi, a fermented vegetable side dish that is a staple in all Korean meals Kitzcorner | Getty Images You may have heard of the “Korea discount” in South Korea’s stock markets. Now, get ready for the “kimchi premium,” named after the popular side dish of fermented vegetables that’s a staple in Korean … Read more
A liquefied natural gas tanker sails past a container terminal as it arrives in Yokohama, Japan, May 21, 2018. Tomohiro Ohsumi | Bloomberg | Getty Images Natural gas prices have plunged as the world grapples with an oversupply after a warmer-than-expected winter. The recent heyday in liquefied natural gas boosted prices and profits, spurring a … Read more
High-rise buildings sprawl out across the Taiwanese capital Taipei. Ratima Sritangwong | EyeEm | Getty Images Taiwan shares notched fresh all-time highs on Friday as a booming demand for artificial intelligence and semiconductor technology boosts investor optimism for the country’s tech firms. Market watchers expect the rally in Taiwan stocks to strengthen further. The Taiwan … Read more
People browsing gold jewelry in Istanbul. Burak Kara | Getty Images News | Getty Images Gold prices still have room to rise after hitting all-time highs early this month, as several central banks continue to purchase bullion in record amounts. These purchases have strengthened gold prices despite high interest rates and a strong dollar, market … Read more
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | Reuters Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday. Earlier this month, Goldman Sachs … Read more
A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City. Johannes Eisele | Afp | Getty Images Global markets hit record highs this week as the frenzy around artificial intelligence boosted risk sentiment and hopes of a return to economic … Read more
The hand of Alain Kablan Porquet in dry cocoa beans, in Gagnoa, Ivory Coast, November 19 2023. The Washington Post | Getty Images Cocoa prices have surged to all-time highs this week as bad weather conditions hammer crop yields in West Africa, home to three quarters of the world’s production. Cocoa futures prices have surged … Read more
Gold purchases from central banks led to last year’s surge, with purchases exceeding 1,000 tons for two consecutive years. Traffic_analyzer | Istock | Getty Images Gold demand hit record highs in 2023 as persistent geopolitical tensions and weakness in China’s economy pushed investors toward the safe haven asset, the World Gold Council said in report. … Read more
Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022. Nvidia Corp | via Reuters AMD and Nvidia hit all-time highs on Thursday as investors continue to clamor for shares of the companies building chips that power artificial intelligence. … Read more