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Gold Prices Drop on Strong Dollar
Business

Gold Prices Drop on Strong Dollar

Gold prices are expected to face downward pressure in the week of November 3, 2025, primarily due to a strengthening U.S. dollar and reduced safe-haven demand. This outlook is driven by factors such as recent hawkish remarks from Federal Reserve Chair Powell and easing U.S.-China trade tensions, which have boosted overall market risk appetite.

Wall Street Rebounds on Strong Amazon Q3
Business

Wall Street Rebounds on Strong Amazon Q3

Wall Street experienced a significant recovery this Friday, largely driven by Amazon's stronger-than-expected third-quarter sales and profit, which were announced on October 30, 2025. The e-commerce giant reported an impressive $180.2 billion in revenue, surpassing analyst forecasts and causing its stock to surge over 10% in after-hours trading, thereby mitigating previous market losses.

US Fed Cuts Rates Amid Economic Woes
Business

US Fed Cuts Rates Amid Economic Woes

The U.S. Federal Reserve cut its federal funds interest rate by 25 basis points to a new range of 3.75% to 4% on October 29, 2025, aiming to support a softening labor market and bolster economic growth amidst concerns over a cooling job market. This marks the second rate cut this year, but Federal Reserve Chair Jerome Powell's cautious stance on future reductions surprised investors, causing U.S. stock indexes to pull back after initial gains.

Global Economy Outlook: Prospects Dim
Business

Global Economy Outlook: Prospects Dim

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IMF: Global Economy Slows Amid Volatility
Business

IMF: Global Economy Slows Amid Volatility

The International Monetary Fund's October 2025 World Economic Outlook reveals a continued global growth deceleration, projecting a slowdown to 3.2% in 2025 and 3.1% in 2026, signaling a challenging period ahead despite a modest upward revision from earlier forecasts. This outlook highlights a divergence in economic resilience, with robust expansion expected in emerging markets contrasting with modest growth in advanced economies, while global inflation is set to decline, though the United States remains an outlier with persistent above-target inflation.

Prajogo Pangestu's Fortune Evaporates
Business

Prajogo Pangestu's Fortune Evaporates

Indonesian billionaire Prajogo Pangestu's net worth dramatically fell by US$2.7 billion on Monday, October 27, 2025, due to a widespread market rout impacting his Barito Group companies. This significant financial setback was largely driven by investor concerns over proposed changes to free-float calculations for Indonesian securities by MSCI Inc., alongside continued capital outflows and profit-taking.

German Business Confidence Rebounds in Oct
Business

German Business Confidence Rebounds in Oct

German business confidence unexpectedly rose in October to 88.4, driven by renewed optimism for future economic growth, particularly in the services sector. This uptick signals a more hopeful outlook among companies despite persistent economic challenges.

IMF Warns of Global Economic Slowdown
Business

IMF Warns of Global Economic Slowdown

Brace for a global economic slowdown! The IMF forecasts growth to dip from 3.3% in 2024 to 3.1% by 2026, driven by new policies, volatility, and fading stimuli, signaling dim prospects ahead.

US Shutdown Hits Day 25, Crisis Deepens
Business

US Shutdown Hits Day 25, Crisis Deepens

The US federal government is in its 25th day of a shutdown, the second-longest ever, causing widespread disruptions from delayed economic reports and threatened food aid to major air travel delays due to unpaid air traffic controllers. Partisan gridlock over FY2026 spending leaves a swift

FIS Centralizes World Cup Media for Growth
Business

FIS Centralizes World Cup Media for Growth

The International Ski and Snowboard Federation (FIS) is centralizing media rights for its World Cup and World Championships from 2026 with Infront, aiming to significantly boost revenue and global reach. Despite initial legal challenges, this strategic shift is now largely finalized, promising

IMF: Global Outlook Dims, Protectionism
Business

IMF: Global Outlook Dims, Protectionism

The International Monetary Fund (IMF) projects a continued slowdown in global economic growth through 2026, according to its latest World Economic Outlook released on October 14, 2025. Global growt...

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