Virendra Pandit New Delhi: The Union Finance Ministry on Wednesday rejected reports in a section of the media that the Reserve Bank of India (RBI) sold gold reserves worth USD 12 billion to shore up the country’s foreign exchange reserves. Official data from the RBI’s Annual Report for 2025–26 shows that gold holdings actually [...]
BDC estimates productivity gains could boost Canada’s GDP by nearly 14%
Supported by AWS, GMI Cloud, and the AI startup ecosystem, initiative will equip more companies to deliver AI solutions that customers trust HONG KONG SAR - Media OutReach Newswire - 3 June 2026 - TrendAITM, the enterprise AI security leader from Trend Micro Incorporated (TYO: 4704; TSE: 4704), ...
If you've ever broken your phone's screen but still wanted to get data or files from it, you know how painful that can be, but there is a way to do it.
Embedded finance is no longer a question of whether companies should offer financial services. The question is how they should build them. The PYMNTS Intelligence report, “The Embedded Finance Scale Factor: How Firm Size Shapes Strategy, Technology and Partnership Decisions,” in collaboration with Green Dot, finds that company size increasingly determines how firms approach [...] The post 79% of Middle Market Firms Plan Embedded Finance Upgrades Within a Year appeared first on PYMNTS.com .
Kampala, Uganda | THE INDEPENDENT | Over the past 14 years, Jumia Uganda has grown from a relatively unknown online marketplace into one of the country’s leading digital commerce platforms, playing a significant role in shaping Uganda’s e-commerce ecosystem and creating opportunities across the value chain. According to Jumia Uganda Managing Director Steven Lamony, ... The post Jumia marks 14 years of transforming Uganda’s e-commerce landscape appeared first on The Independent Uganda: .
Installment lending was once framed as a way to broaden access to credit. According to a PYMNTS Intelligence April report, “The Pay Later Data Shift: Credit Card Installments Take the Lead,” the market is moving beyond the original buy now, pay later (BNPL) narrative. Rather than displacing traditional credit products, installment lending is increasingly [...] The post High Earners Help Banks Take the Lead in Installments appeared first on PYMNTS.com .
Gold continues to trade in a broad sideways range as investors await this week's Non-Farm Payrolls report, a key catalyst that could determine the market's next major move. From a macro perspective, the US–Iran negotiation story remains stalled, with no meaningful progress so far. As a result, the market still lacks a strong enough driver to establish a clear directional trend. From a technical standpoint, gold has successfully broken out of the previous wedge pattern and is now retesting several important support zones. Key Levels to Watch Support: 4450, 4420, 4400–4394, 4382–4370 If selling pressure intensifies, additional support zones to monitor are: 4354, 4300 Nearest resistance: 4486–4494 If price successfully breaks above this area, gold could extend its recovery toward 4535–4540, followed by 4555–4595. Trading Plan My current view remains: Buy low – Sell high within the current sideways range. Until the Non-Farm Payrolls data is released and the market breaks out decisively from either side of the range, range-trading strategies remain my preferred approach. "The market doesn't always need to move immediately. Sometimes the best trade is simply being patient and waiting for a major catalyst to reveal the next direction." 🔥 What do you think? Will Non-Farm provide the momentum needed for gold to extend its recovery toward 4555–4595, or will selling pressure drive the market back toward 4382–4300?
The government said that the claim by ‘Bloomberg’ was false and cited central bank data showing that the share of gold in India’s reserves had risen.
TD Securities strategists Prashant Newnaha and Alex Loo note that Australian Q1 Gross Domestic Product (GDP) matched the Reserve Bank of Australia’s (RBA) 0.3% q/q implied forecast, but highlight that household and government spending are weak while data centre investment props up activity.
A new report says boosting economic relations with Indigenous partners and incorporating their world views in business decision-making can help position Canada for a more resilient economic future.
HSBC downgrades Thermo Fisher stock rating on growth concerns