A recent report by the nonprofit Swissaid has revealed a massive discrepancy in Ghana’s gold trade data, exposing the country to an estimated $11.4 billion in lost revenue over a five-year period due to unregulated gold smuggling, primarily to the United Arab Emirates (UAE).

In a landmark decision reshaping the global steel industry, former U.S. President Donald Trump has approved Nippon Steel’s $5401.T $14.9 billion acquisition of U.S. Steel $X. The move concludes nearly 18 months of regulatory scrutiny, labor union pushback, and national security evaluations.

Asian equity markets tumbled in early trading on Friday, led by a sharp selloff in U.S. futures, following reports that Israel carried out a military strike on Iran. The sudden escalation sent oil prices surging and triggered a wave of risk aversion among investors, pushing capital into traditional safe havens like gold and the Swiss franc (CHF).