Gold prices dip on firmer US dollar
Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as cooler-than-expected US inflation data…
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Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as cooler-than-expected US inflation data…
Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and…
At UOB’s headquarters, Singapore’s only bank selling physical gold, buyers crowd a lounge for bullion trades People were still queueing up to buy gold in Singapore on Monday (Feb…
Count Amazon as one more party that is feeling ripped off by Saks Global and its march into bankruptcy. The web giant, which has been working to build in luxury for years, was once a key…
Both Straits Times Index (STI) and the iEdge Singapore Next 50 Index finished lower on Friday (Dec 5), as concerns on the US economy continued to weigh on local stocks. The STI,…
Shoe Carnival gave a deeper look at its rebanner strategy on Thursday during its third-quarter earnings report. The Fort Mill, S.C.-based footwear retailer reported that net income in the…
Olaplex sales dipped in the third quarter, but surpassed Wall Street sales forecasts. Net sales decreased 3.8 percent to $114.6 million compared with the same quarter a year earlier.…
Bukit Sembawang Estates’ net profit for the half-year ended September fell 25 per cent year on year to S$47.2 million, primarily due to a plunge of 61 per cent in revenue from its property…
Spanish-language giant TelevisaUnivision said third-quarter profit declined as the company continued its efforts to streamline operations and downturns in linear advertising outpaced new…
IT HAS been a banner year for gold bugs. Despite a 5 per cent correction on Oct 21, the yellow metal has been the best-performing asset class of 2025 so far. On Oct 20, its price crossed…
Over coffee, a colleague beamed as he announced that his US equities portfolio had chalked up an impressive 35 per cent... Source link
Shares on the Singapore bourse closed lower on Thursday (Oct 16), bucking the gains charted in most regional markets. The benchmark Straits Times Index (STI) slipped 0.3 per cent, or 12.22…
Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting the consumer sentiment data for fresh clues on…
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financial…
The South Asian nation offers strong economic expansion, with broader investment opportunities across sectors from infrastructure to manufacturing Global asset managers from KKR to…
Wall Street stocks finished lower on Friday (Sep 5) as markets grappled with worries about the latest weak US labour market data, which was offset somewhat by expectations for US…
Local equities ended Wednesday (Sep 3) lower, even as data showed that manufacturing in Singapore improved slightly. The sector’s purchasing managers’ index (PMI) edged up to 50 in August…
ESE ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs. Alibaba rocketed 15 per…
Asian markets mostly fell on Wednesday (Aug 20) morning, mirroring a rout of US tech titans the previous day as investors await signals of an interest rate cut in the world’s largest…
Oil prices dipped on Tuesday as traders awaited an inventory report from the US Energy Information Administration and began looking toward declining demand at the end of the summer driving…
Wall Street’s main indexes opened flat on Monday (Aug 11) as major chip companies slipped on the eve of a key tariff deadline after a trade policy shift that involves sharing a…
Sneakers continued to dominate in the first half of 2025 despite an overall slowdown of footwear sales in the period. According to new data from Circana’s Retail Tracking Service, in the…
Oil prices eased on Friday (Jul 25) and settled at a three-week low as traders worried about negative economic news from the US and China and signs of growing supply. Losses were limited…
Investors around the world retreated from the stock market on Friday to lock in profits after a strong week. The MSCI global stock index lost 0.2%, and Japan's Topix index fell 0.9% after…