Coin Press - Economy

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Featured

Hongkongers snap up silver as gold becomes 'too expensive'

Hong Kong residents hoping to cash in on a precious metals rally are buying up bars of silver as an alternative to gold that they say has become "too expensive" after reaching record highs.

Gold soars past $5,500 as Trump sabre rattles over Iran

Gold prices soared to another fresh record above $5,500 Thursday, while oil advanced and stocks fell after Donald Trump ramped up geopolitical tensions with his threatened military strike on Iran.

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Milan Fashion Week showcases precision in uncertain times

In an increasingly unpredictable world, men are searching for comfort and clarity -- at least in their fashion choices, according to designers in Milan this week.

Stop 'appeasing' bully Trump, Amnesty chief tells Europe

The leader of global rights group Amnesty International urged European countries Monday to stop "appeasing" US President Donald Trump and resist him and other "bullies" who she said were intent on destroying the rules-based order in place since World War II.

Russians agree to sell sanctioned Serbian oil firm

Serbia's energy minister said Monday that the Russian majority owners of the country's largest oil firm, which is under US sanctions, have agreed to sell their stake to a Hungarian energy giant.

Spain promises answers as high-speed train crash kills 39

The Spanish government vowed Monday to conduct a full investigation into the causes of a high-speed train collision that killed at least 39 people, with officials warning the death toll could rise as rescuers worked among the wreckage.

Germany brings back electric car subsidies to boost market

Germany on Monday reintroduced electric car subsidies as it seeks to accelerate the transition to less polluting vehicles, drawing praise from industry groups but criticism from environmentalists who demanded greater efforts.

Europe wants to 'avoid escalation' on Trump tariff threat: Merz

German Chancellor Friedrich Merz on Monday said Europe wants to "avoid escalation" over US President Donald Trump's threatened tariffs on countries that oppose his designs on Greenland.

Gold hits peak, stocks sink on new Trump tariff threat

Gold and silver prices hit record highs and stock markets slid Monday as investors sought safety after US President Donald Trump threatened fresh tariffs over opposition to his Greenland ambitions.

Europe readying steps against Trump tariff 'blackmail' on Greenland: Berlin

Europe is preparing countermeasures against US President Donald Trump's "blackmail" after he threatened tariffs against several countries over their opposition to his designs on Greenland, Germany's vice chancellor said Monday.

Gold, silver hit peaks and stocks struggle on new US-EU trade fears

Gold and silver hit record highs on Monday while most equity markets fell after Donald Trump revived trade war fears by threatening several European nations with tariffs over their opposition to the United States buying Greenland.

Ghana's mentally ill trapped between prayer and care

On a recent Friday morning, worshippers made their way in droves into the Achimota Forest, a stretch of green in Ghana's capital that doubles as an unlikely sanctuary for the desperate.

UK, France mull social media bans for youth as debate rages

Countries including France and Britain are considering following Australia's lead by banning children and some teenagers from using social media, but experts are still locked in a debate over the effectiveness of the move.

China's Buddha artisans carve out a living from dying trade

In a dimly lit workshop in eastern China, craftsman Zhang measured and shaped a block of wood into a foot as dozens of half-completed life-sized Buddha statues looked on silently.

China's 2025 economic growth among slowest in decades

China's economy grew at one of the slowest rates in decades last year, according to official data released Monday, as officials struggle to overcome persistently low consumer spending and a debt crisis in the country's property sector.

Thousands march in US to back Iranian anti-government protesters

Thousands in the United States staged large demonstrations Sunday denouncing the Iranian government's deadly crackdown on anti-government protesters in the Islamic Republic.

China says economy grew 5% last year, among slowest in decades

China's economy expanded five percent in 2025, Beijing said Monday, one of its slowest rates of growth in decades as it struggles with persistently low consumer spending and a debt crisis in its property sector.

'It wasn't clean': Mother mourns son killed in US Maduro assault

As the first explosions rocked his military base in Caracas, 18-year-old Saul Pereira Martinez sent his mother a simple message: "I love you. It has begun."

Surging billionaire wealth a political threat, Oxfam warns as Davos opens

The collective wealth of the planet's billionaires soared to a record level in 2025, charity Oxfam reported Monday, warning of "highly dangerous" political consequences as the global elite gathers for the World Economic Forum.

'Bring it on': UK's Labour readies for EU reset fight

Britain's so-called Brexit wars dominated parliament for years. Now the Labour government is bracing for new battles as it eyes legislation to move closer to the European Union.

Trump threatens Europe with tariffs over Greenland as protesters rally

US President Donald Trump on Saturday escalated his quest to acquire Greenland, threatening multiple European nations with tariffs of up to 25 percent until his purchase of the Danish territory is achieved.

Greenland protesters tell Trump to keep US hands off Arctic island

Thousands of people demonstrated in the capital of Greenland on Saturday against President Donald Trump's plans for the US to annex the Danish autonomous territory.

China bids to host secretariat of new high seas treaty

China on Friday proposed to host the secretariat of a new treaty governing the high seas, a surprise bid that underscores Beijing's desire to have greater influence over global environmental governance.

Milan menswear fashion week heads to the slopes

Milan's menswear fashion week began on Friday, with very wintry, sporty shows from Ralph Lauren and Dsquared2.

OpenAI introducing ads to ChatGPT

OpenAI announced Thursday it will begin testing advertisements on ChatGPT in the coming weeks, as the wildly popular artificial intelligence chatbot seeks to increase revenue to cover its soaring costs.

Russian inflation drops sharply in 2025

Russian annual inflation fell sharply in 2025, data from the state statistics agency showed on Friday, as central bank efforts to tame price growth appeared to bear fruit.

Trump threatens tariffs on countries that don't back Greenland takeover plan

US President Donald Trump said Friday he may impose trade tariffs on countries that don't support his plans to take over Greenland, part of the territory of NATO ally Denmark.

France PM to pass budget without a vote

French Prime Minister Sebastien Lecornu was on Friday desperately planning how to survive a likely no-confidence vote if he forces a budget into law without parliament's approval.

US congress members visit Denmark to support Greenland

A bipartisan US Congress delegation began a visit to Copenhagen on Friday to voice support for Denmark and Greenland after US President Donald Trump threatened to take over the Arctic island, an autonomous Danish territory.

US congress members in Denmark in support of Greenland

A US bipartisan congressional delegation kicked off a visit to Copenhagen on Friday to express support for Denmark and Greenland after President Donald Trump's threats to take over the Arctic island.

Iran protest movement subsides in face of 'brutal' crackdown

The protest movement in Iran has subsided after a crackdown that has killed thousands under an internet blackout, monitors said Friday, one week after the start of the biggest protests in years challenging the Islamic republic's theocratic system.

Spanish singer Julio Iglesias says abuse allegations 'absolutely false'

Spain's veteran singer and cultural icon Julio Iglesias on Friday rejected allegations of abuse lodged against him by two women ex-employees, in a case that has dominated headlines.

Malnutrition having 'harrowing' impact on Afghan women: WFP

A worsening malnutrition crisis is having dire effects on women and girls in Afghanistan who are failed by the international community, the World Food Programme's top official in the country told AFP.

US strikes deal with Taiwan to cut tariffs, boost chip investment

Taiwan vowed Friday to remain the world's "most important" AI chipmaker, after reaching a trade deal with the United States that will reduce tariffs on the island's shipments and increase Taiwanese investment on US soil.

Coin Press - Economy (English)