Monthly Archives

March 2023

A gold price peak may be near – and it may last

There is still room for gold prices to rise and they could reach $2,600 an ounce in the near future. As a result of Silicon Valley Bank's collapse and Credit Suisse's difficulties, investors have been turning to gold and Treasury…

South Korea opposes North Korean satellite acquisitions

The South Korean government banned dozens of materials used by North Korea in satellite development from being exported via a third country. The move is meant to prevent the secretive nuclear-armed nation from circumventing Security Council…

Credit Suisse and UBS are in talks to merge – FT

UBS (UBSG.S) is in discussions to acquire Credit Suisse (CSGN.S), with the boards of Switzerland's two biggest lenders meeting separately this weekend, the Financial Times reported. The Swiss National Bank and regulator FINMA are organizing…

Magnitude 7.1 earthquake rocks Kermadec Islands in New Zealand

On Thursday, the US Geological Survey (USGS) reported an earthquake of 7.1 magnitude in New Zealand's Kermadec Islands region. According to the agency, the earthquake occurred at a depth of 10km. US Tsunami Warning System said some Kermadec…