Price

Rice Prices Double in Japan as Inflation Accelerates

The price of rice doubled in Japan in the 12 months to May, data showed Friday, as an acceleration in inflation piled fresh pressure on Prime Minister Shigeru Ishiba ahead of key elections next month. Polls for parliament's upper house are crucial for Ishiba after public support for his administration tumbled to its lowest level since he took ...

Oil Stabilises After Surge, Stocks Drop as Mideast Crisis Fuels Jitters

Oil prices stabilized Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict sparked by Donald Trump calling for Tehran's "unconditional surrender". Iran and Israel exchanged missiles for a sixth day, with the US president's latest comments appearing to dent hopes that the crisis in the Middle East ...

Oil Prices fall Even as Israel-Iran Strikes Extend into Fourth Day

Oil prices retreated on Monday as fears of a wider Middle East conflict eased even as Israel and Iran pounded each other with missiles for a fourth day and threatened further attacks. Gold prices rose back towards a record high thanks to a rush into safe havens but equities were mixed amid hopes that the conflict does not spread. Investors were ...

Trump Signs Executive Order Targeting Ticket Scalping

The directive seeks to prevent "unscrupulous middlemen" from profiting off reselling tickets for concerts and other events at an "enormous markup". It orders the US attorney general and the Treasury secretary to use "all legal means" to stamp out soaring price gouging and calls on the Federal Trade Commission to "ensure price transparency at all ...

Gold Soars While Silver Remains Steady

In 2024, gold surged by approximately 27%, setting new records, while silver, though up 27.5%, showed more moderate fluctuations. However, unlike gold, silver has yet to surpass its all-time high. The primary driver behind gold's meteoric rise is its long-established role as a safe-haven asset. In times of economic, political or geopolitical ...