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Chinese metals markets have seen more than their fair share of scandal in recent years Chinese metals traders have racked up losses totalling at least one billion yuan (S$183 million)…
Bitcoin dropped below US$86,000 for the first time in about six weeks amid a pullback in risk assets. The largest cryptocurrency slipped as much as 4.7 per cent to US$85,105, the…
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade US PRESIDENT Donald Trump has portrayed his takeover of…
The Bank of Japan is widely expected to keep its benchmark rate unchanged on Friday (Jan 23), offering little immediate support for the yen – and keeping traders on high alert for…
POP MART International Group shares soared the most in five months after the Chinese toymaker’s first share buyback since 2024 boosted investor confidence. The Hong Kong-listed stock…
The move shows that officials are focused on levelling the playing field for investors and ensuring market stability China is pulling the plug on a key advantage held by high-frequency…
China’s state stockpiler Sinograin purchased at least 10 cargoes of US soybeans on Friday (Jan 9), or at least 600,000 tonnes, for shipment in April and May, capping an active week of…
The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce support for the rupee, traders said. The rupee…
Investors have been piling into commodities on bets for more US rate cuts, a weaker US dollar and geopolitical tensions Precious metals extended losses on Tuesday (Dec 30) on profit-taking…
The Japanese yen softened against the greenback on Friday (Dec 26) as investors remained on watch for potential intervention to shore up the currency, while the US dollar gained slightly…
MOST Asian markets rose on Thursday as traders welcomed the Federal Reserve’s third straight interest rate cut, though the euphoria was tempered by an indication officials could hold off…
ASIAN markets retreated on Wednesday following a tepid day on Wall Street as investors bided their time ahead of a highly anticipated Federal Reserve policy announcement later in the day.…
Asian equities drifted on Monday (Dec 8) as investors gear up for an expected US interest rate cut this week, with debate centring on the likelihood the US Federal Reserve will continue…
Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks Asian markets struggled to maintain their early momentum on Thursday (Dec 4), even after the latest…
Money markets have put the chances of a Dec 10 cut at around 90%, with another three forecast by the end of next year Markets mostly rose on Wednesday (Dec 3), following a resumption of…
China is expected to step up US soybean purchases to meet a pledge to buy at least 12 million tonnes by the end of the year, according to multiple traders, underscoring a wider market hope…
Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price. Strategy, the company once hailed for wrapping crypto exposure into a public stock, is…
Among the reports due for release are private jobs creation, services activity and personal consumption expenditure Asian equities were mixed on Monday (Dec 1) with investors awaiting the…
Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange business in Asia. Nicky Lam, formerly of Nomura in…
World shares and U.S. futures were mixed on Monday after Wall Street was buoyed by revived hopes for an interest rate cut by the Federal Reserve. The future for the S&P 500 was up 0.2%…
The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told Reuters, putting the currency on track to open above its…
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes China is importing unusually large quantities of crude oil from Indonesia,…
Traders now see nearly a 33% chance for a rate cut at the Fed’s Dec 9 to 10 meeting Gold prices edged higher on Thursday (Nov 20), as investors looked forward to the release of the delayed…
China’s state-owned grain trader COFCO bought at least 14 cargoes of US soybeans on Monday, or at least 840,000 metric tons, for shipment in December and January, two traders with…
