WORLD CAPITALS/ WAM Gold prices were steady and hovered above key $2,400 level on Wednesday, while investors await minutes from the Federal Reserve’s latest policy meeting for fresh signals on the timing of US interest rate cuts, Reuters reported. Spot gold held its ground at $2,415.35 per ounce,. Bullion hit a record high of $2,449.89 on May 20. US gold ...

HONG KONG / WAM European stocks dropped in early trading and Asian markets were mostly lower on Wednesday after US stocks hit new record highs, Associated Press reported. The future for the Dow Jones Industrial Average and that for the S&P 500 both edged 0.1 percent lower. Britain’s FTSE 100 fell 0.5 percent to 8,377.95 after the Office for National ...

DUBAI / WAM Dubai Chambers has successfully participated in the recently concluded Africa CEO Forum in Kigali, Rwanda, which attracted more than 2,500 attendees including African presidents, government officials, and CEOs of major international and African companies. The delegation was led by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, who took part in an interactive panel discussion. ...