The Chinese Ministry of Commerce announced on Saturday that Beijing is willing to expedite the inspection and approval process for rare earth mineral exports to European Union companies and will issue a ruling on its trade investigation into brandy imports from the bloc by July 5.

The People's Bank of China continued to increase its gold reserves for the seventh consecutive month in May, as part of its efforts to diversify its holdings despite ongoing price fluctuations.

Japan announced that it has not yet reached common ground with the United States on tariffs, despite some progress in ongoing talks between the two sides.

The major stock indices on Wall Street closed higher on Friday, supported by a better-than-expected jobs report.

US President Donald Trump has announced that a US government delegation will meet in London on June 9 with a Chinese delegation to resolve trade disputes between the two countries.

The Central Bank of Russia cut its key interest rate on Friday for the first time in nearly three years, amid declining inflation and signs that the economy is suffering from the effects of high borrowing costs.

Tesla shares fell more than 10 percent on Friday after escalating tensions between US President Donald Trump and CEO Elon Musk over the tax cut bill.

The European Union has revoked trade privileges for Ukraine, ending the tariff-free regime granted to the country since 2022.

Gold prices rose during trading on Friday, heading for weekly gains supported by weak US economic indicators, which boosted demand for the yellow metal as a safe haven. This was in addition to the decline in the dollar, which increased gold's appeal to investors.

Oil prices fell on Friday, but are on track for their first weekly gain in three.

German Chancellor Friedrich Merz confirmed on Friday that the tariffs imposed by the United States on German imports threaten the German economy, noting that Berlin is looking for ways to reduce them.

Russian President Vladimir Putin will hold a meeting of the Council for Strategic Development and National Projects Friday.

American businessman Elon Musk experienced an approximate $34 billion loss in his net worth in a single day, attributed to a public dispute with US President Donald Trump. Despite this significant drop, his fortune is now estimated at $335 billion, maintaining his position as the world's richest person, according to the Bloomberg Billionaires Index.

Data released Wednesday by Egypt's Central Agency for Public Mobilization and Statistics showed annual urban consumer price inflation surged to 16.8% in May - exceeding expectations and marking an increase from April's 13.9% rate.

European stocks fell on Monday following U.S. President Donald Trump’s announcement of his intention to double tariffs on steel and aluminum imports.

Daily supplies of natural gas from Russia to Europe via the "TurkStream" pipeline increased by 10.2% in May compared to the previous month.

The European Union (EU) warned on Saturday that it would take retaliatory measures by summer in response to U.S. President Donald Trump’s latest announcement on increasing tariffs on steel imports.

Data released by Statistics Korea on Friday revealed a decline in industrial production, retail sales, and facility investment in South Korea in April compared to March.

Russia's international reserves, which include gold and foreign exchange, rose to $11 billion between May 16 and 23.

Official data revealed a sharp decline in car production across all types in the UK during April, marking the sector's largest annual drop since 1952 at 15.8%.