July 3, 2024

European stocks close higher

European stock indices closed higher on Wednesday, influenced by the rise of most sectors, led by mining stocks, which rose by 2.3 percent.

The European Stoxx 600 index rose by 0.8 percent at the close, after negative performance throughout last

Gold Flat as Investors Focus on Fed Minutes

Gold prices were flat on Wednesday as investors awaited minutes of the Federal Reserve’s last policy meeting for fresh cues on when the US central bank will start cutting interest rates.

Spot gold was nearly unchanged at $2,329.66 per ounce.

Japanese Govt. Panel Calls for Industrial Competitiveness

A Japanese government panel of experts says the economy needs to be more productive and competitive while lessening its dependence on fossil fuels. The recommendations are in a report that addresses Japan’s past three years of trade deficits.

Vice Mi…

S. Korea’s Foreign Reserves Down for 3rd Month in June

South Korea’s foreign reserves declined for a third consecutive month in June due to the central bank’s foreign currency swap with the country’s national pension fund and the repayment of foreign exchange stabilization bonds, Korea’s central bank data…

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