Gold climbs to record high above $5,300 as dollar slips
Jan 28 : Gold prices rose above $5,300 per ounce for the first time on Wednesday as weakening confidence in the U.S. dollar and concerns around the independence of the U.S. Federal Reserve boosted demand for the safe-haven metal. Spot gold jumped 1.7 per cent to $5,275.68 an ounce by 0940 GMT after ...
Gold's extends rally above $5,300 as dollar slides
Jan 28 : Gold broke through $5,300 for the first time on Wednesday as the dollar plunged to a near four-year low, ahead of a Federal Reserve monetary policy decision.Spot gold climbed 2.3 per cent to $5,305.65 per ounce, as of 0832 GMT, after hitting a record high of $5,311.31. It has gained more th ...
Gold's blistering rally continues past $5,200 as dollar plunges
Jan 28 : Gold broke through $5,200 for the first time on Wednesday, as the dollar plunged to a near four-year low amid persisting geopolitical concerns, ahead of a U.S. Federal Reserve monetary policy decision.Spot gold jumped 1.4 per cent to $5,262.66 per ounce, as of 0558 GMT, after scaling a reco ...
Gold's blistering rally continues past $5,200 as dollar plunges to 4-year low
Jan 28 : Gold broke through $5,200 for the first time on Wednesday, after rising more than 3 per cent on Tuesday, as the dollar plunged to a near four-year low amid persisting geopolitical concerns, ahead of a U.S. Federal Reserve monetary policy decision.Spot gold rose 0.6 per cent to $5,219.97 per ...
Indonesian equities plunge after MSCI flags ownership, free float concerns
Elisa Valenta - Global index provider cites persistent ‘fundamental investability issues’ and concerns over coordinated efforts to distort prices
MSCI halts Indonesia index changes, flags transparency risks
MSCI cited persistent “fundamental investability issues” and concerns over coordinated efforts to distort prices
ISOTeam likely to report stronger FY2026 profits with potential special dividends: Maybank’s Seet
Felicia Tan - Maybank analyst Jarick Seet is maintaining his “buy” call and 10-cent target price on ISOTeam after the company announced that it clinched $26.6 million worth of contracts on Jan 26. The latest wins, which range from painting to repair and redecoration works, brings ISOTeam’s order book up to ...
Amazon bungles Wednesday layoff plan with misfired internal email
Nearly 10 per cent of the firm’s corporate workforce to be retrenched
C3.AI in talks to merge with software company Automation Anywhere, The Information reports
Jan 27 : Enterprise artificial intelligence software provider C3.AI is in talks to merge with software company Automation Anywhere, The Information reported on Tuesday, citing people familiar with the discussions. If the deal materializes, Automation Anywhere would buy C3.AI and go public as a resul ...
C3.AI in talks to merge with startup Automation Anywhere, The Information reports
Jan 27 : Enterprise artificial intelligence software provider C3.AI is in talks to merge with privately held startup Automation Anywhere, The Information reported on Tuesday, citing people familiar with the discussions.If the deal materializes, Automation Anywhere would buy C3.AI and go public as a ...
Sri Lanka central bank holds policy rate steady as IMF review looms
COLOMBO, Jan 28 : Sri Lanka's central bank kept its overnight policy rate unchanged on Wednesday, as it awaited the latest review on a $2.9 billion International Monetary Fund programme.The Central Bank of Sri Lanka (CBSL) maintained the overnight policy rate at 7.75 per cent, as unanimously fo ...
Sri Lanka cenbank holds policy rate steady ahead of IMF review
COLOMBO, Jan 28 : Sri Lanka's central bank kept its overnight policy rate unchanged on Wednesday as it awaited the latest review on a $2.9 billion International Monetary Fund program. The Central Bank of Sri Lanka (CBSL) held the overnight policy rate at 7.75 per cent, as unanimously forecast ...
Gold prices dip after rising nearly 3% to fresh record
The Fed is expected to hold rates steady at its January monetary policy meeting, currently underway
Gold climbs to record high above US$5,300 as US dollar slips
Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January
Gold’s blistering rally continues past US$5,200 as dollar plunges to four-year low
The Fed is expected to hold rates steady at its January monetary policy meeting, currently underway
Oil prices tick up amid disrupted US, Kazakh output, weak dollar
LONDON, Jan 28 : Oil prices extended gains on Wednesday on lingering supply concerns after a winter storm disrupted U.S. crude output and exports while a weak U.S. dollar and Middle East tensions lent further support.Brent crude futures rose 23 cents, or 0.3 per cent, to $67.80 a barrel by 0900 GMT ...
Oil prices rise as US supply worries linger after winter storm
TOKYO, Jan 28 : Oil prices gained further ground on Wednesday as supply concerns lingered after a winter storm disrupted U.S. crude output and exports, while Middle East tensions lent additional support.Brent crude futures rose 28 cents, or 0.4 per cent, to $67.85 a barrel by 0410 GMT, while U.S. We ...
Oil prices mixed as US supply worries linger after winter storm
TOKYO, Jan 28 : Oil prices were mixed on Wednesday, with Brent down slightly but the U.S. contract edging higher as supply concerns grew after a winter storm disrupted crude output and halted Gulf Coast exports over the weekend.Brent crude futures fell 6 cents, or 0.1 per cent, to $67.51 a barrel by ...
Anthropic hikes 2026 revenue forecast 20%, The Information reports
Jan 27 : Artificial intelligence startup Anthropic has raised its revenue forecasts for the next several years, projecting sales to quadruple this year to as much as $18 billion and reach $55 billion next year, The Information reported on Tuesday.Reuters could not immediately verify the report.
SK Innovation posts quarterly profit surge, projects strong crack spreads
SEOUL, Jan 28 : SK Innovation Co Ltd, owner of South Korea's biggest refiner SK Energy, said on Wednesday it expects crack spreads to remain strong, as U.S. low-oil-price policies persist despite easing winter demand and hopes of a Russia–Ukraine ceasefire. The company posted an operating pro ...
SoftBank in talks to invest up to US$30 billion more in OpenAI, source says
SOFTBANK is in discussions to invest up to an additional US$30 billion in OpenAI, a person familiar with the matter told Reuters...
ANZ to combine staff in single location in Singapore office move
The firm joins other banks in the city-state grappling with conflicting goals of trying to reduce office costs
Hidden risks build at Vietnam banks on mounting debt guarantees
In China, regulators have in recent years told some lenders to limit their use of such arrangements
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
[TOKYO] A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could...
BOJ members agree on need to continue raising rates, minutes show
TOKYO, Jan 28 : Bank of Japan policymakers agreed on the need to keep raising interest rates, with some emphasising the role of a weak yen on underlying inflation and the timing of the next interest rate hike, minutes of their December meeting showed on Wednesday.The remarks highlight the board' ...
Weak yen, labour crunch key to BOJ rate hike timing, minutes show
TOKYO, Jan 28 : The Bank of Japan considered mounting inflationary pressures stemming from a weak yen and labour shortages, among other factors, as key influences for the timing of additional interest rate hikes, minutes from a December meeting showed on Wednesday.The discussions reflected the board ...
Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant
Therese Soh - The facility will support regional airlines’ needs and Singapore’s sustainable aviation fuel target
SoftBank in talks to invest up to $30 billion more in OpenAI, source says
Jan 27 : SoftBank is in discussions to invest up to an additional $30 billion in OpenAI, a person familiar with the matter told Reuters on Tuesday.The investment would form part of a funding round that could raise up to $100 billion for OpenAI, valuing the ChatGPT maker at about $830 billion, the so ...
BlackRock cuts private credit executives hired pre-HPS deal
The asset manager is reducing its workforce by about 250 globally
Stocks to watch: ST Engineering, Keppel, Hong Leong Asia, Sasseur Reit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 28):
Shein could face EU investigation but no interim measure, commission official says
Companies risk fines up to 6% of their total global revenues for DSA breaches
ST Engineering books record S$18.7 billion in contract wins for FY2025
Deon Loke - This is a 49% increase from the S$12.6 billion recorded in 2024
ST Engineering posts record S$18.7 billion in contract wins for FY2025
Deon Loke - This is a 49% increase from the S$12.6 billion recorded in 2024
Oracle says data center outage causing issues faced by US TikTok users
WASHINGTON, Jan 27 : Oracle on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an Oracle data center, after California Governor Gavin Newsom linked the issues to what he called the suppression of content critical of Pre ...
