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Gold tops $4,000 for first time as traders pile into safe haven
Gold tops $4,000 for first time as traders pile into safe haven
Economy
by  AFP

Gold prices broke $4,000 for the first time Wednesday as investors piled into the safe haven over expectations for US interest rate cuts and worries over the US government shutdown. Gold -- long considered a go-to in times of uncertainty -- climbed to a high of $4,006.68 Wednesday, even as the dollar has pushed up against most of its peers in recent days.

Indian garment exporters reel under US tariffs
Indian garment exporters reel under US tariffs
Economy
by  AFP

When Donald Trump was elected, Indian garment exporter R.K. Sivasubramaniam thought the new US president would boost business and invested heavily in anticipation of a boom. "We cannot give that much," said Sivasubramaniam, whose desk carries crossed US and Indian flags.