Gold climbs to record high above US$5,300 as US dollar slips
Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January — Gold prices rose above US$5,300 per ounce…
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Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January — Gold prices rose above US$5,300 per ounce…
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Netflix exceeded Wall Street’s revenue estimates for its holiday quarter, as it crossed 325 million subscribers, the company said on Tuesday. Revenue came in at $12.1 billion for October…
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets. Softening US labour…
A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency The renminbi strengthened beyond the key seven per US dollar level…
Nike shares ticked up 2 per cent in premarket trading on Wednesday (Dec 24) after Apple CEO Tim Cook bought nearly US$3 million worth of the sportswear maker’s stock. Cook, who has served…
The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift to raising interest rates early next year. The…
On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT China’s renminbi climbed to a 15-month high against a weakening US dollar…
US stocks rose on Monday (Dec 22), kicking off the holiday-shortened week on a positive note, as technology stocks continued to rebound from last week’s sell-off, while investors awaited…
Thai currency’s rise is fuelled by a soft US dollar, recent Fed easing and sharp acceleration in gold prices The baht’s rally has pushed it to hit records and outshine regional peers as…
Gold climbed on Wednesday (Dec 17) after a US jobs report showed the unemployment rate rose in November, buoying bets of further US interest rate cuts next year while pressuring the US…
Silver vaulted past the US$65 mark for the first time on Wednesday (Dec 17), while gold edged higher as weaker US labour data rekindled expectations of interest-rate cuts, pressuring the…
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say Medical inflation is expected to remain one of the most pressing challenges for Singapore’s…
Gold inched lower on Wednesday (Dec 10), as the dollar rose after a US jobs report indicated a stronger-than-expected labour market, pressuring prices, ahead of a widely anticipated rate…
Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates next week, which could boost economic…
Brent and WTI crude futures settled lower on Friday for the fourth straight month, their longest losing streak since 2023, as expectations for higher global supply weighed on prices Oil…
EUROPE’S main equity indexes closed higher on Wednesday, led by technology stocks as growing expectations of a US rate cut boosted global risk appetite, while financials also found support…
Higher tonnage in September makes Singapore the fourth-largest ship registry in the world The ship registry of Singapore has pulled ahead of its closest competitor Hong Kong after some…
Geely Automobile Holdings’ third-quarter profit rose as an ongoing discounting campaign turbo-charged sales. Net income rose 59 per cent in the three months ended Sep 30 from a year…
The Australian dollar climbed on Monday amid hopes that the US government shutdown may end, while still hawkish commentary from a top central banker helped it extend a bullish run against…
Spotify saw double-digit growth on its free and paid-subscription tiers for the third quarter of 2025, as the audio streaming delivered results that met or beat Wall Street forecasts. The…
The administration is taking this position despite having killed over five dozen people in at least 15 drone strikes. Source link
EUROPEAN plane-maker Airbus said Wednesday its third-quarter net profit surged by 14 per cent to 1.1 billion euros (S$1.66 billion) on the back of strong military and helicopter sales.…
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