Gold, silver extend losses on global tech rout, firmer dollar
Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June Gold and silver extended losses on Friday (Feb 6) as a global rout in tech…
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Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June Gold and silver extended losses on Friday (Feb 6) as a global rout in tech…
Deliveries of Model 3 and Model Y made at Shanghai plant are up 9.3% from a year-ago period Tesla’s China-made electric vehicle sales rose for a third-straight month in January,…
The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost demand for the currency ahead of the Chinese New…
Gold notched another record high on Friday (Jan 23), while silver and platinum also extended gains to hit all-time peaks, powered by geopolitical and economic uncertainties, a…
On a positive note, the iEdge Singapore Next 50 Index gained 0.3% or 4.96 points to 1,484.99 Singapore stocks extended declines on Wednesday (Jan 21) amid a mixed regional performance, as…
The S&P 500 and the Nasdaq opened stronger on Friday (Jan 16) as chipmakers returned to the driver’s seat in a volatile week that also marked the start of the fourth-quarter earnings…
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the…
The Australian and New Zealand dollars steadied on Wednesday after their US peer enjoyed a broad bounce overnight, while both currencies extended gains on the yen as expectations built for…
Bryce Harper is back in the Under Armour fold. After posting over the weekend that he was a “free agent” when it came to his apparel and footwear, the Philadelphia Phillies star has…
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price The offerors for Low Keng Huat have raised the offer price for the property developer to S$0.78 a share…
Asian markets extended gains at market open on Tuesday (Jan 13), as the momentum from a global rotation out of US assets continued despite fresh geopolitical warnings from US President…
Trading hours of stocks and exchange-traded products to be expanded from 16 hours to 23 hours, five days a week Nasdaq, one of the world’s largest exchanges that is home to tech companies…
Malaysia’s trade data due Dec 19 may provide a further catalyst if it confirms continued strength in the nation’s tech exports The Malaysian ringgit is on course to beat its Asian peers…
Investor perception towards China has shifted from one of scepticism to a recognition China has won back global funds in a banner year for stocks, with investors anticipating further gains…
Three major Chinese airlines will offer refunds and charge-free changes to Japan-related flights until March 28 next year, state-owned news outlet Yicai reported on Friday (Dec 5),…
ASIA extended a global equities rally on Wednesday after another round of tepid US data reinforced expectations that the Federal Reserve will cut interest rates again next month. A report…
The White House is circulating a proposal that would extend subsidies to help consumers pay for coverage under the Affordable Care Act for two more years, as millions of Americans face…
This is the first transition-finance transaction aligned with Singapore’s national taxonomy for sustainable finance Some of South-east Asia’s largest banks – DBS, OCBC and Maybank – will…
The drop comes as the Treasury has ramped up debt issuance to rebuild its cash balance following the increase in the debt ceiling in July The US banking system’s reserves, a key factor in…
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…
JAPANESE stocks hit another record on Tuesday, building on the previous day’s surge following the election of a pro-stimulus advocate to lead the country’s ruling party, while gold also…
Foreign automakers have scaled back in the Asian nation as domestic players have taken greater control of the market General Motors (GM) is in preliminary talks to renew its longtime joint…
Investors are favouring Indonesian sovereign debt over Indian bonds in the contest between Asia’s two traditional high-yield markets. Analysts say the trend has room to run. The yield gap…
All of which will help China extend an already massive lead. The nation has installed nearly three times as many wind turbines as the US, and it generates more than twice as much solar…