Gold jumps as stocks drop, Mideast tensions flareGold rallied more than 1 per cent on Monday, buoyed by rising tensions in the Middle East and a sharp drop in stocks and the dollar following weak Chinese data that fuelled concerns over global growth. Platinum group metals, which More… |
Oil prices jump 3pc on Mideast tensionOil prices jumped 3 per cent on Monday after Saudi Arabia's execution of a prominent Shi'ite Muslim cleric spurred regional anger and geopolitical tensions,while Asian shares began their first trading of 2016 on a cautious note. More… |
Saudi outpaces India to become top defence importerSaudi Arabia overtook India to become the world's biggest weapons importer in 2014, a year when global defence trade rose for the sixth straight year to a record $64.4 billion, research company IHS said on Sunday. The growth i More… |