In April, central banks returned to net gold purchases, acquiring 17 tonnes after selling in March, according to the World Gold Council. Poland led buying with 14 tonnes, while China increased its purchases to 8 tonnes, marking 18 consecutive months of buying. The Czech Republic also continued its steady buying streak. Meanwhile, Russia and Uzbekistan were notable sellers, though Uzbekistan remains a net buyer year-to-date. This shift highlights ongoing strategic gold accumulation by Eastern European and Asian central banks. The upcoming World Gold Council survey will provide further insights into central banks' gold reserve strategies for 2026.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
