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UOB shares retreat 3.3% after reaching record high

UOB shares declined by over 3 per cent on Monday (Jan 26) morning after hitting a new high last Friday. As at 9.05 am, the counter slipped by over 2 per cent to S$38.43, before falling…

Gold rushes to record high above US$5,000/oz

Gold surged to a record high above US$5,000 an ounce on Monday (Jan 26), extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical tensions.…

Why Indonesia’s rupiah hit a record low in January

Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the direction of economic policy. Those concerns pushed the…