ETF manager renounces emerging markets to pile into gold
Gold is the best place to absorb external shocks amid increased volatility stemming from global trade tension.
Latest Stories
South Africa’s PIC rejects ATON’s takeover offer for Murray & Roberts
M&R rejected the bid saying it undervalued the company.
Chinese investors key as cobalt price hits month low
Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.
Which has the bigger economy: Texas or Russia?
Even though Russia has nearly five times as many residents as Texas, the Lone Star State's economy is more than $40 billion larger.
Moti Group is open to selling shares in Zimbabwe mine operation
The Moti Group would be open to listing the stock in its operation provided it makes “business sense and has a strong rationale behind it.”
Billionaire Agarwal hires AngloGold’s CEO to run Vedanta
Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners.
Brazil’s Vale reports iron ore output slips in Q1
The world's top iron ore producer said that heavy rains in the first three months of the year impacted its output.
Anglo Asian’s Azerbaijan gold output up 49 pct yr/yr in Q1
The London-listed firm said its total production of gold-equvivalent ounces (GEO) rose by 26 percent to 18,307 GEO from 14,577 GEO.
Indonesia expected to drop $19 bln worth of infrastructure projects
These projects will be dropped if they don't meet some requirements by the third quarter of 2019.
