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Gold prices could hit record highs of over US$4,900 next year: forecasts

Several major banks forecast that gold prices will shake off a recent correction and hit an all-time high next year,…

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New Business

Developing | Hong Kong cuts base rate for the first time in 2025, matching the Fed’s move amid weak US jobs

Hong Kong’s de facto central bank cut the city’s base rate for the first time this year, bringing down the…

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New Business

Hong Kong leaves base rate unchanged at 4.75% as US Fed defies Trump’s rate-cut pressure

The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged in lockstep with the US Federal Reserve, after the…

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New Business

Hong Kong stocks fall on US trade threats and interest rate uncertainty

Hong Kong stocks fell on Thursday, following declines in the US, as investors grappled with new trade threats from Washington…

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New Business

US Federal Reserve set to cut interest rates as Trump prepares for second term

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday…

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