Browsing: Business

– On Wednesday, U.S. equities experienced moderate gains, buoyed by a significant decline in long-term Treasury yields. The S&P 500 increased by 16.22 points, or 0.21%, reaching 7,707.98 and ending a streak of three consecutive losing sessions. Meanwhile, the Dow

– On Friday, global markets for precious metals experienced a downward trend, with spot gold prices decreasing and setting the stage for an overall weekly decline. Data from financial markets indicated that spot gold fell by 0.5 percent to trade

– Worldwide electric vehicle sales experienced a 9% increase year on year in July 2026, reaching a total of 1.85 million units. This growth contributed to a cumulative sales figure of 11.5 million vehicles for the first seven months of

– In July 2026, South Korea’s automobile export revenue increased by 7.0% year on year, reaching a total of US$6.24 billion, marking the highest export value ever recorded for the month of July. The Ministry of Trade, Industry and Resources

– On Wednesday, diesel prices continued to stay high as constrained refined-product supplies exerted upward pressure on fuel markets across the United States and Europe. U.S. ultra-low sulfur diesel futures surged by 7.4% on Monday, closing at $4.19 per gallon

– Gold continued its upward trajectory for a third consecutive session on Tuesday, building on last week’s sharp rebound, with spot gold climbing 1% to $4,432.74 an ounce by 0217 GMT, marking its highest point since June 5 and surpassing

– According to official figures, Denmark’s annual consumer price inflation decreased to 1.7% in July from 1.9% in June. Statistics Denmark reported that the consumer price index increased by 1.3% compared to June, while core inflation held steady at 2.3%,

– According to recent findings from Triodos Bank, Europe’s intense summer heatwave and persistent drought conditions could potentially diminish the European Union’s economic output by approximately 1% in 2026. This projected loss, which is roughly €180 billion, is nearly equivalent

– The prices of fresh vegetables in South Korea have experienced a sharp rise, driven by prolonged extreme heat that has curtailed shipments and caused widespread damage to agricultural production across the country. According to data from Korea Agro-Fisheries &

– On Friday, the European Commission completed a significant enlargement of the European Union’s flagship satellite communications infrastructure by finalizing a comprehensive deal with the SpaceRISE industrial consortium after months of negotiations. This newly signed implementation agreement marks the transition