Traders and middlemen must give the proper responses to congressmen, once the House committee on trade and industry continues its inquiry on the soaring prices of basic goods despite plunging farmgate prices, Speaker Ferdinand Martin Romualdez said last Monday.
The soaring prices of basic commodities in the market despite the wide gap in farmgate and retail prices are brought by as much as 200 percent profit of middlemen and traders, according to administration lawmakers.
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.
Record gold prices have sent recycling of the precious metal to the highest level in more than three years, as consumers cash in on jewelry, an industry body revealed Tuesday. The World Gold Council (WGC) added, however, that total demand for gold dropped five percent in the first quarter year-on-year
he House of Representatives will conduct an inquiry into the spiraling cost of basic commodities amid low farmgate prices when session resumes on April 29.
Gold Miners Will Trade At "Multiples" Of Current Prices Submitted by QTR's Fringe Finance Friend of Fringe Finance Lawrence Lepard released his most recent investor letter this week. He gets little coverage in the mainstream media, which, in my opinion, makes him someone worth listening to twice as closely. Larry was kind enough to allow me to share his thoughts heading into Q2 2024. The letter has been edited ever-so-slightly for formatting, grammar and visuals. This is Part 2...
While 'hard' data has been improving recently albeit then downwardly revised a month later, it is the 'soft' survey data that has collapsed amid Bidenomics. Source Bloomberg And this morning continued that trend as S&P Global's US Manufacturing PMI survey fell from 51.9 in March to 50.0 as the final print for April 49.9 flash. ISM's Manufacturing survey also missed, dropping from 50.3 to 49.2 contraction. Source Bloomberg Chris Williamson, Chief Business Economist at S&P Global Market...
The head of Vietnam's parliament has resigned, according to state media, making him the latest senior member of government to leave office.
What The Rising Gold Price Signals (Spoiler Alert: Nothing Good) Authored by Antonius Aquinas, The recent run-up in the gold price has not garnered the attention among the mainstream financial media outlets as it should. Gold has, in part, been overshadowed by the rise in the price of bitcoin and other cryptocurrencies. Naturally, the financial press, which is really an arm of the government and its central bank, wants to ignore, as much as possible, references to gold as...
Trade with China, Bangladesh and Thailand has been hurt by conflict between junta and insurgent forces.
Vietnam's consumer price index in April rose by 0.07 per cent month on month (MoM) and by 4.4 per cent year on year (YoY), mainly due to a hike in petroleum prices, the general
Royal Caribbean saw stronger-than-usual demand as Americans take to the seas. More than half the cruise operator's earnings growth stemmed from price hikes. Its share price was near a record-high on Friday and up 17 percent this year