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Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s rebound versus most major peers will extend into year-end. Funds in Europe and…
The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and expectations of increased fiscal spending in Japan.…
The Singapore dollar strengthened to its strongest level against the Japanese yen in more than a year on Wednesday (Oct 8) morning. The latest move marks the rapid weakening of the yen…
Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae Takaichi’s leadership victory in Japan, while the euro remained…
Nvidia is set to invest up to $100 billion in OpenAI and supply it with data center chips, in a deal that gives the chipmaker a financial stake in the world’s most prominent AI company,…
Gold prices extended losses on Thursday (Sep 18) due to an uptick in the US dollar after the US Federal Reserve cut interest rates by a quarter of a percentage point, as expected, and…
Microdramas have rapidly evolved from experimental content into a mainstream entertainment format generating billions in revenue globally, according to a new report by Media Partners Asia.…
Lower interest rates reduces the opportunity cost of holding non-yielding bullion Gold prices scaled a record peak on Tuesday (Sep 16), supported by a weaker US dollar ahead of the Federal…
Some of these transactions are linked to a politically connected Cambodian tycoon and a prominent Thai businesswoman Singapore-licensed fund manager Capital Asia Investments (CAI) has been…
The development is one of the most ambitious global efforts to supply power-hungry Asian economies that lack the land to generate enough clean energy The US$24 billion renewable energy…
Analysts note confidence in the precious metal is ultimately linked to sentiment towards the greenback Gold is blazing a trail towards US$4,000 an ounce, driven by a potent mix of…
As is the case for many founders, my journey began as a one-person show. I started Digital Voices, an influencer marketing agency that helps brands grow by pairing them with creators…
The nation’s markets are just recovering after the social unrest, which has subsided, sparked a sell-off in stocks and bonds Indonesia’s state-owned oil giant Pertamina is seeking…
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the rupiah to a stronger level and will try…
Gold prices climbed to a more than four-month high on Tuesday (Sep 2), inching closer to the all-time high touched in April, supported by a weaker US dollar and growing expectations for a…
Gold prices climbed to an all-time high on Tuesday (Sep 2), extending gains to a sixth session on the back of a weaker US dollar and rising bets of a US interest rate cut this month. Spot…
Global benchmark Brent crude oil settled 1 per cent higher on Monday (Sep 1), as concerns mounted that intensifying airstrikes in Russia and Ukraine could lead to supply disruptions, and…
GOLD prices were on track for a monthly rise on Friday after striking a more than one-month peak in the previous session, supported by an overall softer dollar and increased expectations…
Gold prices edged lower on Wednesday (Aug 27), pressured by an uptick in the US dollar, although renewed concerns over the US central bank’s independence after US President Donald Trump’s…
Markets are now pricing in an 83% chance of a quarter-point rate cut at the Fed’s Sep 17 policy meeting, according to the CME FedWatch Tool Gold prices rose to a two-week high on…
Gold prices edged lower on Monday (Aug 25) as the US dollar crept higher, while increased US interest rate cut expectations following a dovish pivot from Federal Reserve chair…
Minutes of the US central bank’s July meeting are anticipated to offer further insights into the central bank’s policy stance Gold prices inched lower on Wednesday (Aug 20) to…
Of all the things you don’t want to find in a jar of instant coffee, glass is pretty high on the list. But that scenario became more than hypothetical after a customer alerted Dollar…
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets for a US interest rate cut in September. Spot…
