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Gold extends rally, jumps over 2pc as US-Iran tensions flare

BusinessFebruary 4, 2026

Gold prices extended gains on Wednesday on safe-haven appeal, as renewed geopolitical tensions between the US and Iran added to the yellow metal’s recent upswing that saw it mark its best day since 20...

Qadhafi’s son Saif shot dead in Libya

NewsFebruary 4, 2026

TRIPOLI: Saif al Islam, the most prominent son of the late Libyan leader Muammar Qadhafi, was shot dead at his home on Tuesday. Abdullah Othman Abdul Rahim, a relative, told a TV channel that Saif al ...

Qadhafi’s son Saif shot dead

NewsFebruary 4, 2026

Saif al Islam appears in front of supporters at Muammar Qadhafi’s palace on Aug 23, 2011.—AFP/file TRIPOLI: Saif al Islam, the most prominent son of the late Libyan leader M...

JPMorgan plans frontier bond index

NewsFebruary 4, 2026

• Pakistan among top-weighted countries in planned benchmark• Proposed gauge targets high-yield local bonds in 20-25 economies across Asia, Africa and beyond LONDON: JPMorgan is finalising plans for a...

Crypto market volatility triggers $2.5 billion in bitcoin liquidations

CryptoFebruary 4, 2026

Bitcoin investors liquidated $2.56 billion in recent days, according to data provider CoinGlass, as cryptocurrencies slumped following a sell-off in other risk assets, including equities and precious…...

US shoots down Iranian drone ‘aggressively’ approaching aircraft carrier, official says

NewsFebruary 3, 2026

The US military on Tuesday shot down an Iranian drone that “aggressively” approached the Abraham Lincoln aircraft carrier in the Arabian Sea, it said. The Iranian Shahed-139 drone was flying toward th...

SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions

BusinessFebruary 3, 2026

Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk’s AI and space ambitions by combining the rocket-and-satellite comp...

Gold up 3pc in Asia to $4,820 an ounce, silver 5pc higher to $83.34 an ounce

NewsFebruary 3, 2026

Gold and Asian stocks were on the rebound on Tuesday as trade took a calmer tone after wild swings in metals markets and a deal to cut US tariffs on India helped the mood, while the Australian dollar ...

Gold up 3pc in Asia to $4,820 an ounce, silver 5pc higher to $83.34 an ounce.

NewsFebruary 3, 2026

Gold and Asian stocks were on the rebound on Tuesday as trade took a calmer tone after wild swings in metals markets and a deal to cut US tariffs on India helped the mood, while the Australian dollar ...

Annual consumer price index rose 5.8pc year-on-year in January

BusinessFebruary 2, 2026

Consumer price inflation rose 5.8 per cent year-on-year in January, official data showed on Monday, underscoring the central bank’s warning that price pressures could temporarily breach its target ban...