Now playing Next Markets Gold price climbs to record high: Why are investors flocking to it? After two lackluster years, gold is staging an impressive comeback in 2023, with the precious metal delivering double-digit gains by the end of November, inching closer to its all-time highs of $2,060 per ounce reached in August 2020. 29/11/2023
Now playing Next Business Guinness manufacturer Diageo sees stock plunge on profit warning Shares in Guinness beer maker Diageo plunged 15.44% in afternoon trade on Friday as investors reacted to the company’s latest earnings report. 10/11/2023
Now playing Next Economy Europe at risk of a renewed inflation shock from the Israel Hamas war The International Monetary Fund (IMF) has warned that the conflict in the Middle East between Hamas and Israel could drive up inflation as central banks continue the battle to bring it down. 08/11/2023
Now playing Next world news China's Evergrande struggling to avoid defaulting on $340 billion debt Evergrande ran short of cash after Beijing tightened controls in 2020 on corporate debt the ruling Communist Party worries is dangerously high. Some other developers collapsed, leaving half-finished apartment blocks standing empty. 19/08/2023
Now playing Next Europe News EU should 'stay alert' after Silicon Valley Bank collapse: McGuinness "Higher inflation and rising interest rates present different challenges to financial stability," said European Commissioner Mairead McGuinness. 15/03/2023
Now playing Next Switzerland European banks plunge, dragged down by Credit Suisse On the Paris stock exchange, French bank Société Générale fell by 10.6% and BNP Paribas by 10.3% - marking the biggest decline in the session since 24 February 2022 for Société Générale and since 16 March 2020 for BNP Paribas. 15/03/2023
Now playing Next USA 'Stop the jitters': IMF chief chides UK amid pressure for Truss U-turn World financial leaders meeting in Washington have criticised the Truss government's unfunded tax cut plan amid fears the market turmoil could overshadow more considerable challenges. 13/10/2022
Now playing Next Culture news Where are the most iconic Christmas trees around the world? Here's a list of some of the most tree-mendous (sorry) festive firs across the world. 24/12/2021
Now playing Next Money Bitcoin has dropped by 29%. Why has it plunged this time? The value of Ether also dropped by 10 per cent amid a broad sale of cryptos which saw the $2.5 billion worth of crypto liquidated. What caused the drop? 04/12/2021
Now playing Next world news European markets rally after turbulent week European markets rally after turbulent week 28/12/2018
Now playing Next USA Wall Street bounces back a day after huge plunge With US stocks set for their biggest weekly losses in at least six years, the three big indexes recovered some ground 09/02/2018
Now playing Next USA Euroviews. Housing Bubble: the next implosion? The global financial crisis that the US housing-market crash triggered in 2008 carried important lessons about how fragile the financial system is in the face of a housing-market collapse. Unfortunately, policymakers have not yet fully applied them. 10/03/2017
Now playing Next Markets Global share markets suffer a Trump slump Nervous investors sold shares on Monday because of uncertainty about the effects of the immigration curbs introduced by the new US president. 30/01/2017
Now playing Next USA Trump victory sparks early losses though markets bounce back Markets stabilise after wobble as Trump triumphs 10/11/2016
Now playing Next Economy Wall Street drops sharply after Brexit U.S. stocks have fallen sharply, with the Dow Jones industrial average dropping as much as 538 points, as Britain's vote to quit the European Union sent a shock wave through global financial markets. 24/06/2016
Now playing Next Economy Market misery on the day after the night before The pound has fallen to levels as low as 1985 after Britain voted to leave the EU. 24/06/2016
Now playing Next United Kingdom Sterling hits historic low as Brexit fallout spreads Stocks and shares have been spiralling downwards across Europe after David Cameron said he will quit as British prime minister. 24/06/2016
Now playing Next world news European markets brace themselves for more panic Wall Street kept a lid on the panic – just – after earlier moving deep into the red on Wednesday following an appalling day on European markets 21/01/2016
Now playing Next world news Russia: rouble at its lowest since 1998 Coupled with fresh falls in world oil prices, investor concerns deepen. 20/01/2016
Now playing Next Economy Shares slump as oil prices tumble to new lows Oil prices at new lows have hit the world's stock markets. A share sell off has investors braced for one of the worst monthly performances ever in January. 20/01/2016