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October 7, 2025

EC Proposes Doubling Steel Import Duties to 50 Percent

Brussels: EU industry commissioner Stephane Sejourne announced that the European Commission (EC) has proposed doubling steel duties to 50 percent to protect producers from low-cost competition from countries like China. Sejourne said in a post on the …

Gold Futures Exceed $4,000 Per Ounce for First Time

New york: US gold futures on Tuesday hit a record high, exceeding $4,000 per ounce for the first time ever, supported by expectations of a US interest rate cut this October and continued safe-haven demand amid the US government shutdown. US gold futur…

Japan’s Nikkei Closes at Record High Amid Chip Stock Surge

Tokyo: Japan’s Nikkei share average closed at a record high on Tuesday for a third consecutive session, as chip-related stocks tracked upbeat US peers, though the initial momentum eased after traders booked profits from a recent rally.

According to …