Gold eases as tariff risks fade, US$7,000 on the table
Market watchers caution that heavy speculative bets could trigger price corrections if sentiment falters Gold slipped as much as 1 per cent in Asian trading on Thursday (Jan 22) morning…
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Market watchers caution that heavy speculative bets could trigger price corrections if sentiment falters Gold slipped as much as 1 per cent in Asian trading on Thursday (Jan 22) morning…
Britain’s revamped framework for raising capital came into force on Monday, aiming to make it easier and cheaper for listed and private companies to secure funds as it replaces the…
Gold eased on Tuesday (Jan 13), a day after breaching US$4,600/ounce for the first time ever, as investors booked profits amid heightened geopolitical and economic uncertainty. Spot gold…
ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while blockbuster earnings from chip firm Micron helped soothe…
Wall Street’s main indexes opened higher on Thursday (Dec 18) after softer-than-expected inflation data boosted expectations for more interest rate cuts by the Federal Reserve, while…
Oil prices declined 1 per cent on Tuesday (Dec 2) as markets weighed faltering Russia-Ukraine peace hopes against fears of oversupply. Brent crude futures settled 72 US cents lower, or…
AUSTRALIAN flag carrier Qantas Airways on Friday cut its first-half domestic unit revenue outlook and nudged up its fuel bill, citing softer non-resources corporate demand at home and…
Certificate of Entitlement (COE) premiums for mainstream cars fell 4.8 per cent or S$6,105 to S$122,000 in October’s second bidding exercise, marking the first decline in Category A after…
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on Thursday (Oct 23), weighed down by an uptick in the…
Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster revenue growth in the coming years, easing concerns…
The UK central bank will launch a consultation on the regulation for coins that are deemed systemically important by the end of the year The Bank of England (BOE) will lift proposed limits…
Syrian President Ahmad al-Sharaa met Monday with U.S. Secretary of State Marco Rubio in New York, expanding relations with the West and further easing his country's isolation as he becomes…
In a move to broaden financing channels for smaller companies, Seoul will introduce security token offerings South Korea rolled out measures aimed at redirecting bank funds from property…
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial regulators could intervene to slow the dumping.…
Stocks on the local bourse closed higher on Monday (Aug 25) after the Republic reported that core inflation eased to 0.5 per cent in July, while headline inflation slowed to 0.6 per cent.…
GLOBAL electric vehicle sales grew 21 per cent year-on-year in July, the slowest rate since January and down from 25 per cent in June, as momentum in plug-in hybrid sales in China…
Some Bank of Japan policymakers saw scope to resume interest rate increases once trade friction caused by US tariffs eased, minutes of the bank’s June meeting showed, a sign Tokyo’s recent…
Hong Kong eased some of its rules to list in the city, potentially bolstering what’s already been one of the hottest markets in the world for initial public offerings this year. Starting…
Gold extended a decline on Friday (Jul 25) as the US dollar rose after President Donald Trump downplayed his clash with Federal Reserve chair Jerome Powell, easing concerns around…
The average rate on a 30-year U.S. mortgage eased this week, offering little relief for prospective homebuyers facing record-high home prices. The long-term rate slipped to 6.74% from…
Oil prices dropped by less than 1 per cent on Tuesday after US President Donald Trump’s 50-day deadline for Russia to end the war in Ukraine and avoid sanctions eased concerns about any…
Macy’s Inc. is refinancing to ease its debt obligations. On Monday, Macy’s said that a subsidiary would offer $500 million worth of unsecured senior notes due 2033, in a private offering.…
South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as the leading platforms focused on a more rational and…
GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation data raised expectations of potential interest…