KINSHASA, April 28 (Reuters) – The United States said on Tuesday it is not funding any security units tasked with policing or guarding mines in Democratic Republic of Congo after Kinshasa announced plans to launch a paramilitary force to secure mining sites. Congo’s General Inspectorate of Mines (IGM) said in a statement on Monday that…
BAMAKO, April 26 (Reuters) – Sustained gunfire rang out in a garrison town near Mali’s capital on Sunday, a Reuters witness said, a day after an al Qaeda affiliate and Tuareg rebels carried out one of the largest coordinated attacks in the country in recent years. The gunfire in the town of Kati suggested that…
In a move that continues to underscore Beijing’s strategic shift away from U.S. dollar assets amid geopolitical tensions and diversification efforts, China has steadily reduced its holdings of U.S. Treasuries. The latest official data from the U.S. Treasury’s TIC report confirms China’s holdings stood at $693.3 billion at the end of February 2026, down slightly…
“CERTAINLY is at GOLD through May 3, 2026. Courtesy Serakai Studio As the art world urgently searches for fresh commercial and institutional models to respond to the shifting tastes and behaviors of younger audiences, a new art space launching during Hong Kong’s Art Week is already showing the potential to operate differently—even before opening the…
(Bloomberg) — Gold headed for the biggest weekly loss in six years, as war in the Middle East boosted energy and reduced expectations for rate cuts. Bullion traded near $4,685 an ounce, down almost 7% this week, the most since March 2020. Soaring crude, natural gas and fuel prices triggered by the conflict are raising…
Rising gold prices amid the Middle East war have boosted trade in the precious metal in Hong Kong, with residents lining up to sell valuables for cash and retailers reporting that twice as many people are buying bars and pellets. Spot gold stood at US$5,165 per ounce on Thursday, below January’s peak of US$5,594.82, but…
Hong Kong customs officers have discovered HK$230 million (US$29.4 million) worth of gold and silver hidden in two air cargo shipments of household cleaning machines destined for Japan, making the largest seizure of precious metals on record. Senior Investigator Ho Ting-chun of the Customs and Excise Department’s syndicate crimes investigation bureau said on Thursday officers…
If the last two years were about saying “we are back”, this year’s Hong Kong “art week” has a more exploratory vibe, as a wave of new initiatives brings fresh ways to appreciate art and design. Here is a list of the bold first-timers creating a buzz on the fringes of Art Basel Hong Kong,…
Visitor numbers in Hong Kong rose about 14 per cent during the Chinese New Year holiday but more residents left the city, while local retailers reported bumper sales of gold products. Some retailers reported single purchases worth millions of Hong Kong dollars within categories such as watches and jewellery, even as the broader retail recovery…
Hong Kong was shaken last week by a 51 million yen (US$327,560) robbery, after two staff members from a Japanese currency exchange company reported that their cash was stolen outside a money changer in Sheung Wan. The two Japanese men told officers they had made an appointment to exchange about 190 million yen at a…