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Gold prices were set for a third straight weekly gain after data showing easing inflation raised expectations that the U.S. Federal Reserve would soon start cutting interest rates, with Chair Jerome Powell's speech later on Friday in focus.

Shopify (NYSE: SHOP) stock is expensive right now. Shares of the barely profitable e-commerce outfit trade at 74 times next year's expected earnings. The company's pace of sales growth is slowing down, too, even if only because its past growth has made for tougher comparisons now

I'm going way off the beaten path to highlight two beaten-down growth stocks today. MKS Instruments (NASDAQ: MKSI) and Trex (NYSE: TREX) aren't household names by any means. But they each have a long history of growth and strong shareholder returns -- the present downturn notwith

Pakistan's Supreme Court began hearings on Friday on a petition by rights activists seeking to halt deportation of Afghan refugees, a lawyer said, as authorities are combing refugee settlements in an effort to find and send home thousands.

U.S. data is moving against the dollar, which could force the Fed to cut rates as markets expect, and next Friday's jobs report will play a key role in developing expectations.

AstraZeneca on Friday said it would discontinue two late-stage trials looking at the potential benefits of its drug Lokelma in the management of hyperkalaemia across the cardiorenal spectrum.

The South Korean won and the Taiwan dollar started December on a weak note on Friday, after the U.S. dollar steadied on commentary from Federal Reserve officials which pushed back market expectations on a quick pivot to rate cuts.

(RTTNews) - AstraZeneca (AZN.L, AZN) said it has decided to discontinue the STABILIZE-CKD and DIALIZE-Outcomes Phase III evidence trials for Lokelma. The company said the decision was made due to substantially increased enrolment timelines and low event rates, respectively, which

British house prices rose unexpectedly in monthly terms for the third time running in November, adding to signs that the housing market downturn has abated, mortgage lender Nationwide said on Friday.

Brookfield said on Friday it would consider the implications of Australia's new green energy policy on Origin Energy before making a new offer should its $10.6 billion bid for the firm be voted down by the takeover target's shareholders on Monday.

Turkish factory activity contracted for a fifth consecutive month in November as purchasing activity moderated along with a slowdown in output, new orders and employment, a survey showed on Friday.

A boom in clean power electricity generation has helped push Europe's forward power prices to their lowest levels since before Russia's invasion of Ukraine in 2022 severed natural gas pipeline flows and sent the region's power prices surging.

Even allowing for China's messy cyclical ebb and flow and global political tensions of the day, the exit of long-term foreign capital from the world's second-biggest economy is startling.

The Reserve Bank of Australia will keep its key interest rate unchanged at 4.35% on Tuesday and a rate cut is now not expected to happen until the fourth quarter of next year due to a strong housing market, according to a Reuters poll.

A global aluminium producer has offered Japanese buyers a premium of $95 per metric ton for January-March primary metal shipments, down 2% from the current quarter, three sources directly involved in quarterly pricing talks said.

Prime Minister Rishi Sunak will pledge 1.6 billion pounds ($2 billion) in funding at the U.N. climate summit on Friday, an attempt to bolster his green credentials after watering down Britain's measures to reach net zero targets.

Japan's Nikkei share average drifted lower on Friday to post its first weekly drop in five, as tech shares slumped on elevated bond yields after economic data provided more clues that the U.S. Federal Reserve could end rate hikes.

A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets on interest rate cuts in the United States and Europe as evidence grows that inflationary pressures are fast abating.

Asia's factory activity remained weak in November on soft global demand, surveys showed on Friday, with mixed signs on the strength of China's economy clouding the outlook for the region's fragile recovery.

Foreign inflows into Indian government bonds hit the highest level in six years in November ahead of the securities being included in JPMorgan's emerging market index next year, with investors and treasury officials expecting buying to continue.